What is a Renewal FAFSA?
If you have applied for financial aid this past year, you may be able to fill out a renewal FAFSA rather than a new FAFSA. The renewal FAFSA will include all of last year’s information. You just need to update your and your family’s income information and any data that has changed. If you have a PIN number, you can access your renewal FAFSA online at www.fafsa.ed.gov or at LTC’s web site gotoltc.edu/financialaid/ or on My LTC if you are a current student. To request your PIN number, go to www.pin.ed.gov.
The renewal FAFSA is a tremendous timesaver for students because responses from the prior FAFSA are displayed and the student must only answer questions that are likely to have changed from the previous year. All renewal-eligible applicants will now use the Web to reapply for aid because paper renewal FAFSAs will no longer be printed and mailed. Each aid applicant who meets the eligibility requirements for a renewal FAFSA will receive a Renewal Reminder email from the Department of Education. If the renewal-eligible student has not applied for aid by the end of the first week in February, a second reminder email will be sent.
