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OCR: NEWA+ LOAN DEALS FOR COLLEGE BORROWERS In July Congress 100 some small pity on families facing college bills voting tr sweeten both major federa loan i programs for middle-income Americans the $11 L2billion Stafford student loan and the $1.2 billion PLUS parent loan. H also Introduced a new program for all students called the Unsubsidized Stafford student loan. The table helow highights the details. More generous loan maximums begin July 1993 Arry studeut wha received Stafford loan befare Oct 1is locked into the old Stafford Irates [8% for the first four years frepayment 10% for the next six years!. Bul lenders will credit the difference in interest on Staffords granted after July New borrowers should consult with school' financia ald officer make sure they rare getling the lower rates Bet ...