; and (B) by adding at the end the following: (11) Interest practices (A) In general Beginning on the effective date of the Affordable Loans for Any Student Act , interest on a loan made under this part shall accrue and be added to the balance of interest due on the loan, but shall not be capitalized. (B) No capitalization of interest during in-school or grace periods (i) In general Beginning on the effective date of the Affordable Loans for Any Student Act , interest on loans made under this part for which payments of principal are not required during the in-school and grace periods or for which payments are deferred in accordance with sections 427(a)(2)(C) and 428(b)(1)(M) shall accrue and be added to the balance of interest due from the borrower when the loan enters repayment, but shall not be capitalized. (ii) Notice requirement The Secretary shall adjust any forbearance notice required in accordance with section 428(a)(3)(A)(iii) to reflect the availability of the pause payment process pursuant to section 460B and the treatment of interest under such section. ; (2) in subsection (e)(5)— (A) by inserting (which, beginning after the effective date of the Affordable Loans for Any Student Act , shall not be capitalized) after accrued interest ; and (B) by striking the second sentence; and (3) in subsection (q)(2), by striking the second sentence and inserting the following: Such interest shall be paid or shall accrue but not be capitalized in accordance with subsection (b)(11)(B). . (b) Income-Based repayment plans Paragraph (3)(B) of section 493C(b) ( 20 U.S.C. 1098e(b)(3)(B) ) is amended to read as follows: (B) (i) beginning on the effective date of the Affordable Loans for Any Student Act , for an eligible loan issued under part D or not otherwise described in clause (ii), shall not be capitalized and shall be added to the balance of interest due for the loan