Yes, the FAFSA application should be renewed each year to receive more financial aid.
How should I renew the form?
Have you logged in to renew your FAFSA form?
I have, yes.
Then you should notice that your form it's already prefilled with some of your previous information from the prior academic year. You just need to provide new income and tax information and update any other information that may have changed.
How to Review and Correct Your FAFSA Application comes to mind. What should I do if I'm not sure if my FAFSA application was processed?
Did you already submit your FAFSA form online or through the myStudentAid app?
Yes, I did.
Then you can check its status immediately through the fafsa.gov website or to the app.
Do I need to provide any kind of verification after applying for a Student Aid Report?