; and (BB) require the student to (1) accept any such loan by specifying the loan amount the student is accepting (which may be an amount that is less than the maximum amount for which such student is eligible under part D) or (2) decline any such loan. (cc) Work-study employment opportunities, offered in accordance with part C, and other campus employment, if applicable, which shall require the student to (1) accept any such opportunity or (2) decline any such opportunity. (II) Disclosures related to covered financing options The following disclosures, in a simple, plain-language, and consumer-friendly manner (based on the consumer testing under paragraph (4)): (aa) Grants and scholarships Grants and scholarships do not have to be repaid. (bb) All Loans All loans must be repaid with interest. (cc) Federal work-study aid Any work-study employment opportunity offered under part C is subject to the availability of qualified employment opportunities and is disbursed over time as earned by the student. (III) Disclosure related to other financing options A disclosure that other financing options (not listed in subclause (I)) may be available, including private education loans, Federal Direct PLUS loans, or institutional or State loans, if applicable. (IV) Tuition payment plans In plain language, the offer shall include information on tuition payment plans, if applicable. (v) Disclosure and confirmation relating to indirect costs A disclosure that the financing options for indirect costs selected by the student under subparagraph (C)(i) may include loans that must be repaid with interest, and a requirement for the student to confirm whether the student is seeking financial assistance for such indirect costs. (C) Component for indirect costs The component of a financial aid relating to indirect costs shall include the following content: (i) Selection of indirect costs The student shall have the ability to select each component of the cost of attendance under section 472, as amended by section 702 of the FAFSA