the Federal Direct Loan Program

GPTKB entity

Statements (42)
Predicate Object
gptkbp:instanceOf gptkb:Bank
gptkbp:application varies by academic year
gptkbp:availableIn undergraduate students
graduate students
parents of dependent students
gptkbp:cancellationReason school closure
death of the borrower
false certification of eligibility
total and permanent disability
unpaid refund
gptkbp:decommissioningDate directly to the school
in installments
gptkbp:financials need-based aid
non-need-based aid
gptkbp:hasPatentNumber tax refund offset
wage garnishment
damage to credit score
gptkbp:historicalContext established in 2010
replaced_Federal_Family_Education_Loan_Program_(FFELP)
https://www.w3.org/2000/01/rdf-schema#label the Federal Direct Loan Program
gptkbp:impact can improve credit score with timely payments
can lead to negative credit impact if defaulted
gptkbp:interests fixed interest rate
gptkbp:issuedBy gptkb:U.S._Department_of_Education
gptkbp:loyaltyProgram Public Service Loan Forgiveness
Teacher Loan Forgiveness
gptkbp:paymentMethods graduated repayment plan
income-driven repayment plan
standard repayment plan
gptkbp:provides gptkb:Direct_Subsidized_Loans
Direct PLUS Loans
Direct Unsubsidized Loans
Direct_Consolidation_Loans
gptkbp:requires FAFSA application
gptkbp:scholarships gptkb:Great_Lakes
gptkb:FedLoan_Servicing
gptkb:MOHELA
graduate students
dependent undergraduate students
independent undergraduate students
Nelnet
multiple loan servicers