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107 STAT. 366 PUBLIC LAW 103-66—AUG. 10, 1993 except that such rate shall not exceed 8.25 percent. "(2) INTEREST RATES FOR NEW PLUS LOANS AFTER JULY 1, 1998.—Notwithstanding subsections (a), (b), (d), (e), (f), and (g), with respect to any loan made under section 428B for which the first disbursement is made on or after July 1, 1998, paragraph (1) shall be applied— "(A) by substituting '2.1 percent' for *1.0 percent* in subparagraph (B); and "(B) by substituting *9.0 percent' for '8.25 percent' in the matter following such subparagraph. Federal "(3) CONSULTATION.—^The Secretary shall determine the Register, applicable rate of interest under this subsection after consulta- pubiication. ^^^^ ^.^j^ ^j^^ Secretary of the Treasury and shall publish such rate in the Federal Register as soon as practicable after the date of determination.". SEC. 4102. REDUCTION IN LOAN FEES PAID BY STUDENTS. (a) ORIGINATION FEES.—Section 438 of the Act (20 U.S.C. 1087- 1) is amended— (1) in the heading of subsection (c) by inserting "FROM STUDENTS" after "ORIGINATION FEES"; and (2) in subsection (c)— (A) in paragraph (2)— (i) by striking "428A, 428B, 428C," and inserting "428C"; and (ii) by striking "5 percent" and inserting "3.0 per- cent"; and (B) in paragraph (6), by striking "5 percent" and insert- ing "3.0 percent". (b) ORIGINATION FEE; INSURANCE PREMIUM FOR UNSUBSIDIZED LOANS.—Section 428H of the Act (20 U.S.C. 1078-8) is amended— (1) in subsection (f)— (A) in the subsection heading, by striking "INSURANCE PREMIUM" and inserting "ORIGINATION FEE"; (B) in the heading of paragraph (1), by striking "/INSURANCE PREMIUM"; (C) in paragraph (1)— (i) by striking "a combined origination fee and insurance premium in the amount of 6.5 percent" and inserting "an origination fee in the amount of 3.0 per- cent"; and (ii) by striking the second sentence; (D) in paragraph (2), by striking "combined fee and premium" and inserting "origination fee"; (E) in paragraph (3), by striking "combined origination fee and insurance premium" and inserting "origination fee"; (F) in paragraph (4)— (i) in the heading, by striking "INSURANCE PRE- MIUM" and inserting "ORIGINATION FEE"; (ii) by striking combined origination fee and insur- ance premiums" and inserting "origination fees"; and (iii) by striking "and premiums to pay" and insert- ing "to pay"; and (G) in paragraph (5)— (i) in the neading, by inserting "ORIGINATION FEE AND" before "INSURANCE"; and (ii) in the second sentence—