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<p class=MsoNormal style='margin:0in;margin-bottom:.0001pt'><font size=2
face=Arial><span style='font-size:10.0pt;font-family:Arial'>A first year
student who is a first time borrower may not receive <st1:place w:st="on">Stafford</st1:place>
loan proceeds until the student has completed 30 days of their academic
program. Therefore, if this student attended in Fall, returned in Spring
and borrowed for the first time in the Spring, a 30 day delay of delivering
loan proceeds is not necessary since the student has already completed at least
30 days of their academic program.</span></font><o:p></o:p></p>
<p class=MsoNormal style='margin:0in;margin-bottom:.0001pt'><font size=2
face=Arial><span style='font-size:10.0pt;font-family:Arial'> </span></font><o:p></o:p></p>
<p class=MsoNormal style='margin:0in;margin-bottom:.0001pt'><font size=2
face=Arial><span style='font-size:10.0pt;font-family:Arial'>Thank you and have
a great day.</span></font><o:p></o:p></p>
<p class=MsoNormal style='margin:0in;margin-bottom:.0001pt'><font size=2
face=Arial><span style='font-size:10.0pt;font-family:Arial'> </span></font><o:p></o:p></p>
<p class=MsoNormal style='margin:0in;margin-bottom:.0001pt'><font size=2
face=Arial><span style='font-size:10.0pt;font-family:Arial'>Ed Schroeder</span></font><o:p></o:p></p>
<p class=MsoNormal style='margin:0in;margin-bottom:.0001pt'><font size=2
face=Arial><span style='font-size:10.0pt;font-family:Arial'>Director of
Financial Aid</span></font><o:p></o:p></p>
<p class=MsoNormal style='margin:0in;margin-bottom:.0001pt'><st1:place w:st="on"><st1:PlaceType
w:st="on"><font size=2 face=Arial><span style='font-size:10.0pt;font-family:
Arial'>University</span></font></st1:PlaceType><font size=2 face=Arial><span
style='font-size:10.0pt;font-family:Arial'> of <st1:PlaceName w:st="on">Arkansas</st1:PlaceName></span></font></st1:place><o:p></o:p></p>
<p class=MsoNormal style='margin:0in;margin-bottom:.0001pt'><font size=2
face=Arial><span style='font-size:10.0pt;font-family:Arial'>114 Hunt Hall</span></font><o:p></o:p></p>
<p class=MsoNormal style='margin:0in;margin-bottom:.0001pt'><st1:place w:st="on"><st1:City
w:st="on"><font size=2 face=Arial><span style='font-size:10.0pt;font-family:
Arial'>Fayetteville</span></font></st1:City><font size=2 face=Arial><span
style='font-size:10.0pt;font-family:Arial'>, <st1:State w:st="on">AR</st1:State>
<st1:PostalCode w:st="on">72701</st1:PostalCode></span></font></st1:place><o:p></o:p></p>
<p class=MsoNormal style='margin:0in;margin-bottom:.0001pt'><font size=2
face=Arial><span style='font-size:10.0pt;font-family:Arial'>479/575-3277</span></font><o:p></o:p></p>
<p class=MsoNormal style='margin:0in;margin-bottom:.0001pt'><font size=2
face=Arial><span style='font-size:10.0pt;font-family:Arial'>edward@uark.edu</span></font><o:p></o:p></p>
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