; and (ii) may not be eligible for a deferment or forbearance under section 455(f) or any other provision of this Act (other than a forbearance under section 455(l), a forbearance under section 685.205(a) of title 34, Code of Federal Regulations (or successor regulations), or a deferment under section 493D). (B) Exceptions for borrowers enrolled in certain programs of study Any borrower who is student who is enrolled in a program of study at an institution of higher education as of June 30, 2024, or any loans made to (or on behalf of) such borrower, during the period required for the completion of such program) shall not be subject to this section (2) Effect on interest (A) No accrual of interest on subsidized loans With respect to a deferment period described in subparagraphs (A) through (D) of subsection (b)(1), or (b)(6) interest— (i) shall not accrue, in the case of a— (I) Federal Direct Stafford Loan; or (II) a Federal Direct Consolidation Loan that consolidated only Federal Direct Stafford Loans, or a combination of such loans and Federal Stafford Loans for which the student borrower received an interest subsidy under section 428