effect until titles III and V of the HEA are reauthorized. 306. Section 114(f) of the HEA ( 20 U.S.C. 1011c(f) ) is amended by striking 2018 and inserting 2019 . 307. Section 458(a) of the HEA ( 20 U.S.C. 1087h(a) ) is amended in paragraph (4) by striking 2018 and inserting 2019 . (rescission) 308. Of the unobligated balances available under the heading Student Financial Assistance for carrying out subpart 1 of part A of title IV of the HEA, $600,000,000 are hereby rescinded. 309. Section 401(b)(7)(A)(iv)(IX) of the Higher Education Act of 1965 ( 20 U.S.C. 1070a(b)(7)(A)(iv)(IX) ) is amended by striking $1,409,000,000 and inserting $1,370,000,000 . 310. (a) An institution of higher education may, with explicit written consent of an applicant who has completed a FAFSA under such section 483(a), provide such information collected from the applicant’s FAFSA as is necessary to a scholarship granting organization, including a tribal organization (defined in section 4 of the Indian Self-Determination and Education Assistance Act ( 25 U.S.C. 5304 )), or to an organization assisting the applicant in applying for and receiving Federal, State, local, or tribal assistance, that is designated by the applicant to assist the applicant in applying for and receiving financial assistance for any component of the applicant’s cost of attendance (defined in section 472 of the HEA) at that institution. (b) An organization that receives information pursuant to subsection (a) shall not sell or otherwise share such information. (c) This section shall be in effect until title IV of the HEA is reauthorized. 311. For an additional amount for Department of Education—Federal Direct Student Loan Program Account , $350,000,000, to remain available until expended, shall be for the cost, as defined under section 502 of the Congressional Budget Act of 1974, of the Secretary of Education providing loan cancellation in the same manner as under section 455(m) of the Higher Education Act of 1965 ( 20 U.S.C. 1087e(m) ), for borrowers of loans made