period the student is enrolled at the institution. (3) The net price that the student, or the student's family on behalf of the student, is estimated to have to pay for the student to attend the institution for such academic period, with a disclaimer that actual costs for some items may depend on decisions by the student, equal to— (A) the cost of attendance as described in paragraph (1) for the student for such academic period, minus (B) the amount of grant aid described in paragraph (2) that is included in the financial aid offer form. (4) Work study assistance, including a disclosure that the aid must be earned by the student and a disclosure that the assistance offered is subject to the availability of employment opportunities. (5) The types and amounts of loans under part D or E of title IV of the Higher Education Act of 1965 ( 20 U.S.C. 1087a et seq., 1087aa et seq.) that the institution recommends for the student for such academic period, a disclosure that such loans have to be repaid, a disclosure that the student can borrow a lesser amount than the recommended loan amount, a clear use of the word loan to describe the recommended loan amounts, the interest rates, fees, the expected monthly repayment amounts (assuming a 10-year repayment plan and normal time for completion of, or graduation from, the student's program of study), the total amount the student will pay over the life of the loans (assuming a 10-year repayment plan), and a disclosure that the student may be eligible for extended or income-driven repayment plans that allow the borrower to make lower monthly payments along with an explanation that longer repayment terms may result in the student paying more money over the life of the loans. (6) Where a student or the student’s family can seek additional information regarding the financial aid offered, including contact information for the institution’s financial aid office and the Department of Education’s website on financial aid. (7) A disclosure that Federal student loans offer generally more