To become eligible, you must have no outstanding balance on a Direct Loan as of October 7, 1998 or on the date you obtained a Direct Loan after October 7, 1998. You must also have more than $30,000 outstanding in a Direct Loan
What options under the Extended Repayment Plan do I have I if I have more than $30,000 outstanding in an FFEL Program Loan?
In this instance, you can choose an Extended Repayment Plan for your FFEL Program Loan, you will not be eligible for the Plan if you have less than $30,000 in a Direct Loan
How can I utilize the Loan Simulator under the Extended Repayment Plan?