; (B) by redesignating subparagraphs (M) through (P) as subparagraphs (L) through (O); and (C) by striking subparagraphs (Q) through (V) and inserting the following: (P) the fire safety report prepared by the institution pursuant to subsection (i); and (Q) the link to the institution’s information on the College Dashboard website operated under section 132. . (2) Conforming amendments Section 485(a) ( 20 U.S.C. 1092(a) ) is amended by striking paragraphs (3) through (7). (d) Exit counseling Section 485(b) ( 20 U.S.C. 1092(b) ) is amended— (1) in paragraph (1)(A)— (A) in the matter preceding clause (i)— (i) by striking through financial aid offices or otherwise and inserting through the use of an interactive program, during an exit counseling session that is in-person or online, or through the use of the online counseling tool described in subsection (n)(1)(A) ; and (ii) by inserting , as in effect on the day before the date of enactment of the PROSPER Act and pursuant to section 461(a) of such Act or made under part E (other than Federal ONE Parent Loans), as in effect on or after the date of enactment of the PROSPER Act after part E ; (B) by redesignating clauses (i) through (ix) as clauses (iv) through (xii), respectively; (C) by inserting before clause (iv), as so redesignated, the following: (i) a summary of the outstanding balance of principal and interest due on the loans made to the borrower under this title; (ii) an explanation of the grace period preceding repayment and the expected date that the borrower will enter repayment; (iii) an explanation of cases of interest capitalization and that the borrower has the option to pay any interest that has accrued while the borrower was in school or that may accrue during the grace period preceding repayment or during an authorized period of deferment or forbearance, prior to the capitalization of the interest;