; and (5) in subsection (f), by striking the Secretary and inserting the Secretary or, as applicable, the Secretary of Health and Human Services, . 133. No interest accrual Section 3513(b) of division A of the Coronavirus Aid, Relief, and Economic Security Act ( Public Law 116–136 ) is amended to read as follows: (b) Providing interest relief (1) No accrual of interest (A) In general During the period described in subparagraph (D), interest on a Federal student loan shall not accrue or shall be paid by the Secretary (or the Secretary of Health and Human Services) during— (i) the repayment period of such loan; (ii) any period excluded from the repayment period of such loan (including any period of deferment or forbearance); (iii) any period in which the borrower of such loan is in a grace period; or (iv) any period in which the borrower of such loan is in default on such loan. (B) Direct Loans and Department of Education held FFEL and Perkins Loans For purposes of subparagraph (A), interest shall not accrue on a Federal student loan defined in section 3502(a)(2)(A). (C) FFEL and Perkins loans not held by the Department of Education and HHS Loans For purposes of subparagraph (A)— (i) in the case of a Federal student loan defined in section 3502(a)(2)(B), the Secretary shall pay, on a monthly basis, the amount of interest due on the unpaid principal of such loan to the holder of such loan, except that any payments made under this clause shall not affect payment calculations under section 438 of the Higher Education Act of 1965 ( 20 U.S.C. 1087–1 ); and (ii) in the case of a Federal student loan defined in section 3502(a)(2)(C), the Secretary of Health and Human Services shall pay, on a monthly basis, the amount of interest due on the unpaid principal of such loan to the holder of such loan. (D) Period described (i) In general The period described in this clause is the period beginning on March 13, 2020, and ending on the later of— (I) September 30, 2021