We present Hubble Space Telescope (HST) Space Telescope Imaging Spectrograph E140M spectra of the dwarf nova WZ Sge, following the early superoutburst of 2001 July. Our four far-ultraviolet (FUV) spectra, obtained over a time span of 4 months, monitor changes in the hot component of the system during the decline phase. The spectra cover the wavelength interval 1150-1708 Å . They reveal Stark-broadened Ly and He ii (1640) absorption and absorption lines due to metals (Si, C, N, Al) from a range of ionization states. Single-temperature white dwarf models provide reasonable qualitative agreement with the HST spectra. We find that the white dwarf appears to dominate the spectra from October through December. However, it is not clear that the absorption lines of metals form in the white dwarf photosphere. Therefore, the derived abundances and rotational velocity must be viewed with caution. Only a modest improvement in the fits to the data results when an accretion belt component is included. If the FUV spectra arise from the white dwarf alone, then we measure a cooling in response to the outburst of at least 11,000 K (29,000-18,000 K). The absence of broad underlying absorption features due to metals at this stage suggests slow rotation ($200 km s À1 ). It is possible that the white dwarf envelope has expanded due to the heating by the outburst or that the relatively narrow absorption features we observe are forming in an inflated disk atmosphere or curtain associated with the outburst.