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The first year you apply for financial aid, you are required to complete all pertinent fields. Each year after that, the process is simplified by transferring much of that information on the application from year to year. The online FAFSA renewal process still requires current financial information, but you won't have to input your social security number, address or other basic information unless there has been a change. In order to make this process as quick and easy as possible, you need to have your PIN number from the previous year. This verifies who you are and allows the online system to find your information from the previous year. Your PIN number should remain the same throughout your college career and will be used later for information access if you have loans serviced through Direct Loan Servicing.
|Jennifer Mathes, Ph.D.|