; or (II) the original interest rate of the component loan. (iv) Federal Direct Consolidation Loan The interest rate for any component loan that is a loan under section 428C or a Federal Direct Consolidation Loan shall be the weighted average of the interest rates that would apply under this subparagraph for each loan comprising the component consolidation loan. (v) Other loans The interest rate for any eligible loan that is a component of a loan made under section 428C or a Federal Direct Consolidation Loan and is not described in clauses (i) through (iv) shall be the interest rate on the original component loan. (3) Fixed Rate The applicable rate of interest determined under paragraph (1) for a refinanced loan under this section shall be fixed for the period of the loan. (d) Terms and conditions of loans (1) In general Except as otherwise provided in this section, a loan that is refinanced under this section shall have the same terms and conditions as the original loan, including any suspensions of payments or interest accrual under section 3513 of the Coronavirus Aid, Relief, and Economic Security Act ( 20 U.S.C. 1001 note), or any extensions of such suspensions. (2) No automatic extension of repayment period Refinancing a loan under this section shall not result in the extension of the duration of the repayment period of the loan, and the borrower shall retain the same repayment term that was in effect on the original loan. Nothing in this paragraph shall be construed to prevent a borrower from electing a different repayment plan at any time in accordance with section 455(d)(3). (3) Limit on refinancing A loan made, insured, or guaranteed under this title may not be refinanced under this section more than twice during a 10-year period. (e) Notification to borrowers The Secretary, in coordination with the Director of the Bureau of Consumer Financial Protection, shall undertake a campaign to alert borrowers of loans that are eligible for refinancing under this section that the borrowers are eligible to apply