; and (B) is not simultaneously receiving monthly loan cancellation benefits under section 460. (3) Year For the purpose of this section, the term year where applied to service as a teacher means an academic year as defined by the Secretary. . (b) Report to Congress Not later than 180 days after the date of enactment of this Act, and annually thereafter, the Secretary shall prepare and submit to Congress a report containing information about the impact of the amendment made under subsection (a), which shall include data on the participation rate of eligible borrowers, the dollar amount of benefits to participants, and the performance of servicers.