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Thanks for the reply. This isn't the same program -- this one started on October 1, 2000 and lowers it by 0.8 percent. http://www.fool.com/specials/2001/sp010613z.htm describes a program which starts on July 1, 2001, and has much lower rates, as low as 5.99%. I couldn't find anything about this on the fed loan site. If anyone has a URL, please share! Thanks. :)
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