1. Short title; table of contents (a) Short title This Act may be cited as the Federal Assistance to Initiate Repayment Act or the FAIR Act . (b) Table of contents The table of contents for this Act is as follows: Sec. 1. Short title; table of contents. Sec. 2. References. Sec. 3. Return to repayment requirements. Sec. 4. Repayment plans. Sec. 5. Income-driven repayment assistance plan. Sec. 6. Deferment on loans made on or after July 1, 2024. Sec. 7. Loan rehabilitation. Sec. 8. Limitation on authority of Secretary to propose or issue regulations and executive actions. 2. References Except as otherwise expressly provided, whenever in this Act an amendment or repeal is expressed in terms of an amendment to, or repeal of, a section or other provision, the reference shall be considered to be made to a section or other provision of the Higher Education Act of 1965 ( 20 U.S.C. 1001 et seq. ). 3. Return to repayment requirements (a) Borrower notification (1) Notice to Federal student loan borrowers who received temporary relief During the period beginning on the date of the enactment of this Act and ending on August 31, 2023, the Secretary of Education shall provide, through 2 or more methods of communication (including postal mail, telephone, and electronic communication), a total of not fewer than 12 notices to each borrower of any loan made, insured, or guaranteed under title IV of the Higher Education Act of 1965 ( 20 U.S.C. 1070 et seq. ) indicating— (A) the date on which such borrower is required to make monthly payments on such a loan pursuant to section 271 of the Fiscal Responsibility Act ( Public Law 118–5 ); (B) indicating the borrower’s options for repayment, including that such borrower may be eligible to enroll, or may be automatically enrolled, as applicable, in an income driven repayment assistance plan under section 494A of the Higher Education Act of 1965 (as added by section 5 of this Act), including a brief description of the plan and its associated benefits