; (ii) has a clear format and design, including easily readable font; and (iii) is as succinct as practicable. (C) Consultation In developing Plain Language Disclosure Form, the Secretary shall, as appropriate, consult with— (i) the Federal Reserve Board; (ii) institutions and contractors described in paragraph (1); (iii) borrowers of loans under this part; and (iv) other organizations involved in the provision of financial assistance to students, as identified by the Secretary. (3) Electronic system for compliance In carrying out paragraph (2), Secretary shall develop and implement an electronic system that may be used by institutions and contractors described in paragraph (1) to generate a Plain Language Disclosure Form for each borrower by— (A) enabling institutions and contractors to enter personalized loan request information electronically; (B) integrating appropriate data found in the National Student Loan Data System