; and (2) by amending paragraph (1) to read as follows: (1) Pertinent information about loans provided on a monthly basis Each eligible lender shall provide the borrower of one or more loans made, insured, or guaranteed under this part or part D with a written monthly bill or statement (including through electronic means), in simple and understandable terms, of pertinent loan information described in this paragraph that— (A) with respect to a borrower who is in repayment status, shall include a bill that corresponds to each payment installment time period in which a payment is due; (B) with respect to a borrower who is not in repayment status, shall be a statement for each month of the period during which the borrower is not required to make a payment to the eligible lender, including while the borrower is in school and during periods of deferment or forbearance; (C) shall be provided to the borrower of a loan not more than 30 days after the first disbursement of the loan, and monthly thereafter for the life of the loan; and (D) shall include, for all outstanding loans made, insured, or guaranteed under this part or part D by the eligible lender to the borrower— (i) the original principal amount of each of the borrower’s loans owed to that lender, and the original principal amount of those loans in the aggregate; (ii) the borrower’s current balance on each loan and on all loans in the aggregate, as of the time of the bill or statement, as applicable; (iii) the interest rate on each loan; (iv) the total amount the borrower has paid in interest on each loan and on all loans in the aggregate; (v) the amount of interest that has accumulated on each loan and on all loans in the aggregate since the last statement, and the total interest accrued to date on each loan and on all loans in the aggregate during the life of the loans