Renewing a FAFSA is the process of updating a previously submitted Free Application for Federal Student Aid (FAFSA). This is done each year in order to ensure that the FAFSA information remains up to date and accurate. Renewing a FAFSA is typically done online, and will require you to enter updated information such as income and other financial details. Once the renewal is complete, it will be sent to the appropriate processing center.
Starting a new FAFSA is the process of creating a completely new FAFSA submission. This may be necessary if you have not previously submitted a FAFSA, or if you need to submit a new one for a different school or academic year. When starting a new FAFSA, you will need to enter all of the necessary information related to your income, financial aid history, and so on. Once the form is completed, it must be submitted to the appropriate processing center.