Well, certainly, it is. Every single year, you have to apply in order to renew your request.
So, do you want to know how to renew your Finacial Aid form?
No, it's not necessary right now. I read something about it.
Unfortunately, no relevant information is found.
If i want to try to apply from scratch, can i do that?
That's correct, you can do it if you want. However, that's why we give you the advantage to renew your form, in order to ease your paperwork.
Another question I have is how do I know if my aid has been paid out. Is it also necessary for me to sign a promissory note?
Yes, you should expect to be required to sign a promissory note and go through entrance counseling.
I thought so. And what is this SAR I read about?
The SAR is a summary of the FAFSA data you submitted. You the student will get your SAR within three days to three weeks after you submit your FAFSA form.
Ah, that makes sense. Thank you for the explanation! So what if I receive a student loan for the very first time?