If you have received a note on your SAR saying you have been selected for verification or you school contacted you then you just have to confirm that the data reported on the FAFSA form is accurate.
Have you been selected for verification?
I have not been notified that I need verification.
Unfortunately, no relevant information is found.
What if I decide I want to get a loan to pay back?
First, decide what aid you really need, and then respond to the school aid offer or choose to get a loan to pay back.
Okay. Let's talk about Federal Student Aid renewal. In a presumed scenario, how will I handle the renewal?
No problem. Just Login into your account and select FAFSA renewal once there. It all will develop  automatically.
You mean i just sign in there after that, all i have to do is submit the form?
That's correct. Only log in, sign after you filled the form and submit.
Then, to resume, i just follow the instructions and then i'll be able to renew, right?