; and (6) a period of 180 days has elapsed during which the child was not pursuing— (A) at least a half-time course of study as determined by an institution of higher education; or (B) a course of study pursuant to a graduate fellowship program approved by the Secretary, or pursuant to a rehabilitation training program for disabled individuals approved by the Secretary. (c) Determination of ability To repay loan In determining the ability of a child to repay a covered parent loan under subsection (b)(3)(B), the Secretary shall consider the following: (1) The child’s employment status, income level, and credit history. (2) The total dollar amount of the loans proposed to be transferred to the child. (3) The debt-to-income ratio of the child before such transfer. (4) The projected debt-to-income ratio of the child after such transfer. (5) Any other factors the Secretary determines to be relevant to the ability of the child to repay the loan. (d) Treatment of transferred loan A covered parent loan transferred to a child under subsection (a) shall have the same terms, conditions, and benefits applicable to the loan before the date of such transfer except that— (1) the child to whom the loan is transferred shall be treated as the original borrower of the loan; and (2) the parent who transferred the loan to the child shall not be responsible for paying— (A) the outstanding balance of principal or interest on the loan; or (B) any other costs associated with the loan, including fees. (e) Effect on loan limits Notwithstanding any other provision of this Act, a covered parent loan transferred to a child under subsection (a) shall not be counted toward the child’s annual or aggregate maximum loan limits under this title. (f) Covered parent loan defined In this section, the term covered parent loan means— (1) a loan made to a parent on behalf of a dependent student under section 428B; (2) a Federal Direct PLUS Loan made to the parent of a dependent student