; and (II) a borrower repaying a loan under an income-based repayment plan under section 493C, a reminder to provide the Secretary with the income information necessary to determine the borrower’s annual repayment obligation under such section; and (v) recommendations on where to obtain more detailed information on repayment plans and loan forgiveness, including a link to the appropriate page of the Department's website with respect to such information. (B) Requirements The information included in a disclosure required under subparagraph (A) shall— (i) be provided to the borrower of a loan made under this part not later than March 1 of each year in which a payment is due on such loan; (ii) be correctly labeled to indicate that such information is available from the Department; (iii) not be labeled to indicate that such information is created by the contractor; and (iv) to the extent practicable, be disseminated in both physical and electronic form to the borrower. (C) Consumer tested information The Secretary shall ensure that the Department information provided to borrowers under subparagraph (A)(iii) is consumer tested and updated periodically. . (b) Department guidance Not later than 180 days after the date of the enactment of this Act, the Secretary shall issue guidance with respect to the information required to be disclosed under paragraph (2) of section 455(p) of the Higher Education Act of 1965 ( 20 U.S.C. 1087e(p) ), as amended by this section.