user: The Extended Payment Plan for how long do you allow to pay the loans?[NEWLINE]agent: Payments are made for up to 25 years[NEWLINE]agent: Do you need to make lower monthly payments over a longer period of time?[NEWLINE]user: No, not for now[NEWLINE][BOUNDARY][NEWLINE]user: ok I have a problem If I am an FFEL borrower, but to qualify for this plan, must I not have had an outstanding balance on a FFEL Program loan?[NEWLINE]agent: Correct FFEL Program dates must be October 7, 1998, or the date you obtained a FFEL Program loan after October 7, 1998 and you must have more than $ 30,000 in outstanding FFEL Program loans.[NEWLINE][BOUNDARY][NEWLINE]user: I understand, but if I need to make lower monthly payments for a longer period of time than in plans like the Standard Payment Plan,[NEWLINE]agent: then the Extended Payment Plan may be right for you.[NEWLINE][BOUNDARY][NEWLINE]user: If I want to be chosen for the Extended Repayment Plan and I am a Direct Loan borrower, what should I consider?[NEWLINE]agent: note that you must have had 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, and you must have more than $ 30,000 in outstanding direct loans[NEWLINE][BOUNDARY][NEWLINE]user: how are the monthly payments?