; (B) for each such component loan— (i) calculate the weighted factor of the component loan, which shall be the factor that represents the portion of such Federal Direct Consolidation Loan that is attributable to such component loan; and (ii) determine the number of qualifying monthly payments made on such component loan before consolidation; (C) calculate the number of qualifying monthly payments determined under subparagraph (B)(ii) with respect to a component loan that shall be deemed as qualifying monthly payments made on the Federal Direct Consolidation Loan by multiplying— (i) the weighted factor of such component loan as determined under subparagraph (B)(i); by (ii) the number of qualifying monthly payments made on such component loan as determined under subparagraph (B)(ii); and (D) calculate and inform the borrower of the total number of qualifying monthly payments with respect to the component loans of the Federal Direct Consolidation Loan that shall be deemed as qualifying monthly payments made on the refinanced Federal Direct Consolidation Loan, by— (i) adding together the result of each calculation made under subparagraph (C) with respect to each such component loan; and (ii) rounding the number determined under clause (i) to the nearest whole number. (3) Federal Direct Refinanced Private Loans In calculating the period of time during which a borrower of a Federal Direct Refinanced Private Loan under section 460B has made monthly payments for purposes of subsection (b)(7), the Secretary shall include only payments— (A) that are made after the date of the issuance of the Federal Direct Refinanced Private Loan; and (B) that otherwise meet the requirements of this section. . (d) Conforming amendments The Higher Education Act of 1965 ( 20 U.S.C. 1001 et seq.) is amended— (1) in section 428J(c)(2) ( 20 U.S.C. 1078–10(c)(2) ), by inserting a Federal Direct Refinanced Private Loan, after a Federal Direct Unsubsidized Stafford Loan,