In order to avoid a credit reduction for Title XII advances, a state must repay the loans by:
a. June 30 of the year after the loans.
b. November 10 of the year the credit reduction is scheduled to take effect.
c. the end of the third year after the year of the loans.
d. the end of the year the credit reduction is scheduled to take effect.
e. the end of the year of the loans.