; and (2) in paragraph (2)(C), by inserting , such as the online counseling tool described in subsection (n)(1)(A), after electronic means . 404. Online counseling tools Section 485 ( 20 U.S.C. 1092 ) is amended by adding at the end the following: (n) Online counseling tools (1) In general Beginning not later than 1 year after the date of enactment of the Affordable Loans for Any Student Act , the Secretary shall maintain— (A) an online counseling tool that provides the exit counseling required under subsection (b) and meets the applicable requirements of this subsection; and (B) an online counseling tool that provides the annual counseling required under subsection (l), enables a borrower to electronically sign and accept the borrower's student loan contract for the upcoming award year under section 455(c)(3)(B)(ii), and meets the applicable requirements of this subsection. (2) Requirements of tools In maintaining the online counseling tools described in paragraph (1), the Secretary shall ensure that each such tool, and its underlying content— (A) are consumer tested, in consultation with other relevant Federal agencies, students, borrowers, institutions of higher education, secondary school and postsecondary counselors, and consumer advocacy organizations, to ensure that the tool is effective in helping individuals understand their rights and obligations with respect to borrowing a loan made under part D; (B) are understandable to borrowers of loans made under part D; (C) freely available to all eligible institutions