; March 23, 2018) or under section 313 of division B of the Department of Defense and Labor, Health and Human Services, and Education Appropriations Act, 2019 and Continuing Appropriations Act, 2019 ( Public Law 115–245 ; September 28, 2018). (2) Rescission Upon the effective date described in section 2(c), all special PSLF program funds that remain unexpended on such date shall be rescinded. (3) Transition The Secretary of Education shall establish a process through which the Secretary shall— (A) review the applications of borrowers who applied for the loan forgiveness program carried out with special PSLF program funds but had not received loan forgiveness through such program before July 1, 2019; and (B) assist such borrowers in pursuing loan forgiveness under section 455(m) of the Higher Education Act of 1965 ( 20 U.S.C. 1087e(m) ), as in effect on July 1, 2019. IV Income-driven repayment plans 401. Income-based repayment plan Section 493C of the Higher Education Act of 1965 ( 20 U.S.C. 1098e ) is amended— (1) in subsection (b)— (A) in paragraph (8), by striking and after the semicolon; (B) in paragraph (9), by striking the period at the end and inserting ; and ; and (C) by adding at the end the following: (10) a borrower who is repaying a loan made under part B or D pursuant to this section may repay such loan in full at any time without penalty. ; and (2) by adding at the end the following: (f) Income-Based repayment for new loans on and after July 1, 2019, and for borrowers who enter IBR after July 1, 2019 (1) In General The income-based repayment plan shall be carried out in accordance with this section, except as otherwise specified in this subsection (including through the special terms described in paragraph (2))— (A) with respect to any loan issued on or after July 1, 2019, if such borrower elects the income-based repayment plan for that loan