He received his financial award letter in July, but the online instructions did not grab his attention, he said. Heimlich said he received his financial aid yesterday. The previous system, however, required a longer process - students were required to receive a financial award letter, sign a promissory note and choose a lender. About 80 percent of UA students used the online system. Nametz said the 20 percent decrease of Stafford loans might also be positive because that means students won't have to repay as much debt.
Students can check out the financial aid Web address for further information.