The Standard Repayment Plan is the basic repayment plan for loans from the William D. Ford Federal Direct Loan (Direct Loan) Program and Federal Family Education Loan (FFEL) Program. 
Payments are fixed and made for up to 10 years between 10 and 30 years for consolidation loans. This repayment plan saves you money over time because your monthly payments may be slightly higher than payments made under other plans, but you ll pay off your loan in the shortest time. For this reason , you will pay the least amount of interest over the life of your loan. When it comes time to repay your loans , you have the option to choose a repayment plan. If you don t choose a different repayment plan , your loan servicer, the company that handles the billing and other services on your federal education loan, will place you on the Standard Repayment Plan. 

Eligible Federal Loans 
The following loans from the Direct Loan Program and the FFEL Program are eligible for the Standard Repayment Plan : Direct Subsidized Loans Direct Unsubsidized Loans Direct PLUS Loans Direct Consolidation Loans Subsidized Federal Stafford Loans Unsubsidized Federal Stafford Loans FFEL PLUS Loans FFEL Consolidation Loans Note that no new loans have been made under the FFEL Program since July 1 , 2010. 

Monthly Payments for Federal Education Loans Except Consolidation Loans 
Under this plan , your monthly payments are a fixed amount of at least $50 each month and made for up to 10 years for all loan types except Direct Consolidation Loans and FFEL Consolidation Loans. 

Monthly Payments for Consolidation Loans 
Under this plan , your monthly payments are a fixed amount of at least $50 each month and made for a period of between 10 and 30 years for Direct Consolidation Loans and FFEL Consolidation Loans. If you have a Direct Consolidation Loan or FFEL Consolidation Loan , the length of your repayment period will depend on the amount of your total education loan indebtedness. This total education loan indebt

user: Hi, I am looking for more information regarding the Standard Repayment Plan that is available through the FSA?

assistant: For your information, payments in a Standard Repayment Plan are fixed and are made for up to 10 years, repayments can be made between 10 and 30 years for any consolidated loans

assistant: Are you looking for the repayment plan that will ensure that you pay the least amount of interest over the lifetime of the borrowing?

user: Yes, that would certainly be my intention

assistant: With the Standard Repayment Plan, you will pay the least amount of interest over the life of the loan

user: What are the guidelines around monthly payments for consolidated loans?

assistant: There are rules and regulations that must be followed that I can go through with you now if you would like?

user: What if I have a Direct Consolidated Loan or FFEL Consolidated Loan?

assistant: In this instance, the length of the repayment period will depend on the amount of borrowing that is outstanding, known as your total education loan indebtedness, this debt includes any student loan debt you may have that is joined to your consolidation loan

user: What is included in borrowing that is not part of a Consolidation Loan?

assistant: This would include any federal loan that you would have that is not included in the consolidation loan, or any private student loan that you may have availed of