Title: [The Higher Education Technical Amendments of 1993 (Pub. L. 103-208) (technical amendments) changed the requirements for loans subject to rebates of excess interest ("windfall profits") for borrowers in the federal Stafford loan program as required under section 427A(i) of the act.  This letter supplements and revises the guidance issued by the Department of Education (the department in "Dear colleague" letter 93-L-160, dated September 1993, for those lenders applying rebates for the periods prior to January 1, 1994, and supplements the interim guidance provided in the March 30, 1994 letter to guaranty agency directors on the 1993 technical amendment changes relating to "windfall profits"]
Subjects: Student financial aid administration
Places: United States