; and (II) completed Federal ONE Parent Loan counseling offered by the Secretary; and (F) in the case of a parent who has been convicted of, or has pled nolo contendere or guilty to, a crime involving fraud in obtaining funds under this title, such parent has completed the repayment of such funds to the Secretary, or to the holder in the case of a loan under this title obtained by fraud. (2) Terms, conditions, and benefits Except as provided in subsections (c), (d), and (e), loans made under this section shall have the same terms, conditions, and benefits as all other loans made under this part. (3) Parent borrowers (A) Definition For purposes of this section, the term parent includes a student’s biological or adoptive mother or father or the student’s stepparent, if the biological parent or adoptive mother or father has remarried at the time of filing the common financial reporting form under section 483(a), and that spouse’s income and assets would have been taken into account when calculating the student's expected family contribution. (B) Clarification Whenever necessary to carry out the provisions of this section, the terms student and borrower as used in this part shall include a parent borrower under this section. (4) Adverse credit history definitions and adjustments (A) Definitions For purposes of this section: (i) In general The term adverse credit history , when used with respect to a borrower, means that the borrower— (I) has one or more debts with a total combined outstanding balance equal to or greater than $2,085, as may be adjusted by the Secretary in accordance with subparagraph (B), that— (aa) are 90 or more days delinquent as of the date of the credit report; or (bb) have been placed in collection or charged off during the two years preceding the date of the credit report