I'd like to learn more about this Plan as well. What is the best way to locate my lender's contact information?
You can find this information on your My Federal Student Aid account.
Oh well. I'd like to ask if whenever I take out a loan, I have the option of repaying it however I want, right?
Certainly, you can. You have options for doing the choosing when is time to repay your loan. That's when you make use of the plans.