; and (2) for each year of such service, the Secretary shall repay an amount of principal and interest, as specified in the agreement, that the individual owes on qualifying educational loans. (b) Qualifying educational loan defined The term qualifying educational loan means a loan made under part D of title IV of the Higher Education Act of 1965 ( 20 U.S.C. 1087a ) or private education loan (as defined in section 140 of the Truth in Lending Act) received by an individual for the cost of attendance (as defined in section 472 of the Higher Education Act of 1965 ( 20 U.S.C. 1087ll )) at an institution designated by the Department as a Center for Academic Excellence in Cybersecurity. (c) Breach remedies (1) In general Subject to paragraph (1), an agreement under subsection (a) shall provide for remedies in a case in which an individual does not comply with the service requirement under subsection (a)(1), including repayment or partial repayment of the loan repayment amount received under subsection (a), with interest. (2) Waiver The Secretary of Homeland Security waive a remedy provided for under paragraph (1) in the case of extreme hardship or extreme need, as determined by the Secretary. (d) Administration The Secretary of Homeland Security may carry out this section directly or enter into an agreement with another Federal agency or other service provider to assist in the administration of this section. (e) Repayment schedule The Secretary of Homeland Security may enter into an agreement with the holder of any loan for which the Secretary makes payments under this section to establish a schedule for the making of such payments. (f) Regulations Not later than 270 days after the date of enactment of this subsection, the Secretary of Homeland Security shall promulgate regulations to carry out this section, including regulations to determine the aggregate amount of loan repayment that an individual may receive under subsection (a). 313. Exclusion of certain student loan repayments (a) In general Part III of subchapter