Frequently Asked Questions How do I accept my financial aid? Most financial aid awards require an acceptance decision by the aid recipient before the aid can be processed further.  If you have been awarded Federal Work Study, a Federal Perkins loan, and/or Federal Subsidized/Unsubsidized Stafford loan, you must notify financial aid of the amount you accept.  If you choose to decline an award, you must inform financial aid of this decision. At UAlbany, students accept, reduce and decline their financial aid awards online through the My Financial Aid section of MyUAlbany. Instructions for accepting, reducing and declining aid are mailed with Financial Aid Award Notices.  The self-service instructions guide students through logging on to MyUAlbany, navigating to their My Financial Aid page, and accepting, reducing or declining their award offer. Award acceptance instructions are available in the Self-Service Instructions section of the Forms And Publications page of the Financial Aid website. Changing An Acceptance Decision Students who wish to change the amount of an award they accepted or accept an award they declined previously, will need to contact Financial Aid to request the award be reinstated. Reinstatement of Campus Based Federal Aid (Federal Work Study, Federal Perkins) will depend on availability of funding. Once the aid is reinstated as an award offer, the student would then accept the award through MyUAlbany.