; and (ii) an authorization under subparagraph (D), the Secretary shall, as soon as practicable, release and transmit the information described under such subparagraph to the State of residence of the applicant or an institution, as specified by the applicant, in order for the applicant’s eligibility for Federal, State, or institutional student financial aid programs to be estimated or determined. (3) Information to be supplied by the secretary of education (A) In general Upon receiving and timely processing a free application that contains the information described in paragraph (2), the Secretary shall provide to the applicant (and the parents of a dependent student applicant, or spouse of the independent student applicant, if applicable) the following information based on full-time attendance for an academic year: (i) The estimated dollar amount of a Federal Pell Grant scheduled award for which the applicant is eligible for such award year. (ii) Information on other types of Federal financial aid for which the applicant may be eligible (including situations in which the applicant could qualify for 150 percent of a schedule Federal Pell Grant award and loans made under this title) and how the applicant can find additional information regarding such aid. (iii) Information regarding each institution selected by the applicant in accordance with paragraph (2)(B)(ii)(IX), including the following: (I) The following information, as collected through the Integrated Postsecondary Education Data System: (aa) Net price by income quintile. (bb) Median debt of students upon completion. (cc) Graduation rate. (dd) Retention rate. (ee) Transfer rate, if available. (II) Institutional default rate, as calculated under section 435. (iv) If the student is eligible for a student aid index of less than or equal to zero under section 473 but has not indicated that they receive Federal means-tested benefits, a notification of the Federal means-tested benefits for which they may be eligible. (v) Information on education tax credits