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107 STAT. 350 PUBLIC LAW 103-66—AUG. 10, 1993 "(6) NOTIFICATION TO BORROWERS.—The Secretary shall establish procedures under which a borrower of a loan made under this part who chooses or is required to repay such loan pursuant to income contingent repayment is notified of the terms and conditions of such plan, including notification of such borrower— "(A) that the Internal Revenue Service will disclose to the Secretary tax return information as authorized under section 6103(1X13) of the Internal Revenue Code of 1986; and "(B) that if a borrower considers that special cir- cumstances, such as a loss of employment by the borrower or the borrower's spouse, warrant an adjustment in the borrower's loan repayment as determined using the information described in subparagraph (A), or the alter- native documentation described in paragraph (3), the bor- rower may contact the Secretary, who snail determine whether such adjustment is appropriate, in accordance with criteria established by the Secretary, "(f) DEFERMENT.— "(1) EFFECT ON PRINCIPAL AND INTEREST.—A borrower of a loan made under this part who meets the requirements described in p£tra^aph (2) shall be eligible for a deferment, during which periodic installments of principal need not be paid, and interest— "(A) shall not accrue, in the case of a— ''(i) Federal Direct Stafford Loan; or "(ii) a Federal Direct ConsoUdation Loan that consoUdated only Federal Direct Stafford Loans, or a combination of such loans and Federal Stafford Loans for which the student borrower received an interest subsidy under section 428; or "(B) shall accrue and be capitalized or paid by the borrower, in the case of a Federal Direct PLUS Loan, a Federal Direct Unsubsidized Stafford Loan, or a Federal Direct Consolidation Loan not described in subparagraph (AXii). "(2) ELIGIBILITY.—^A borrower of a loan made under this part shall be eligible for a deferment during any period— "(A) during which the borrower— "(i) is canying at least one-half the normal full- time work load for the course of study that tihe borrower is pursuing, as determined by the eligible institution (as such term is defined in section 435(a)) the borrower is attending; or "(ii) is pursuing a course of study pursuant to a graduate fellowsmp program approved b]^ the Sec- retary, or pursuant to a rehabihtation training pro- gram for individuals with disabilities approved by tiie Secretary, except that no borrower shall be eligible for a deferment under this subparagraph, or a loan made under this part (other than a Federal Direct PLUS Loan or a Federal Direct Consolidation Loan), while serving in a medical internship or residency program; "(B) not in excess of 3 years during which the borrower is seeking and unable to find full-time employment;