; or (iii) part E of title VIII of the Public Health Service Act ( 42 U.S.C. 297a et seq. ), and in the case of a loan made under section 846A of such Act (42 U.S.C. 297n—1), only if the borrower has completed the 4-years of full-time employment as a faculty member at a school of nursing as described in subsection (c)(3) of such section 846A. (3) Original loan The term original loan , used with respect to a Federal Direct Consolidation Loan made under subsection (b), means a loan for which a borrower’s liability is discharged by such Federal Direct Consolidation Loan. . (b) Income-Contingent repayment Section 455(e) of the Higher Education Act of 1965 ( 20 U.S.C. 1087e(e) ) is amended by adding at the end the following new paragraph: (9) Special rule for refinanced loans For purposes of paragraph (7), the period of time during which a borrower of a Federal Direct Consolidation Loan made under section 460A(b) has made monthly payments shall be calculated in the manner described in section 493C(f). . (c) Income-Based repayment Section 493C of the Higher Education Act of 1965 ( 20 U.S.C. 1098e ) is amended by adding at the end the following: (f) Special rule for refinanced loans (1) Refinanced Federal Direct Consolidation Loans In calculating the period of time during which a borrower of a Federal Direct Consolidation Loan that is made under section 460A(b) has made monthly payments for the purposes of subsection (b)(7), the Secretary shall— (A) review the borrower’s payment history to identify each component loan of such Federal Direct Consolidation Loan; (B) for each such component loan— (i) calculate the weighted factor of the component loan, which shall be the factor that represents the portion of such Federal Direct Consolidation Loan that is attributable to such component loan; and (ii) determine the number of qualifying monthly payments made on such component loan before consolidation