So that plan could be perfect for making lower payments, huh?
Absolutely. If you're a Federal Family Education Loan Program user, then you could for this reduced payments plan.
Umm, that's quite interesting. I have a loan, under the figure of FFEL Plus. Is that type of loan eligible for the reduced payments?
It is. The Federal Family Education Loan Plus program is one of the types of loan under te reduced payments option.