user: Hi, good morning. i'll soon be on need to renew my student aid, is it mandatory to do?[NEWLINE]agent: Well, certainly, it is. Every single year, you have to apply in order to renew your request.[NEWLINE][BOUNDARY][NEWLINE]agent: So, do you want to know how to renew your Finacial Aid form?[NEWLINE]user: No, it's not necessary right now. I read something about it.[NEWLINE][BOUNDARY][NEWLINE]agent: Unfortunately, no relevant information is found.[NEWLINE][BOUNDARY][NEWLINE]user: If i want to try to apply from scratch, can i do that?[NEWLINE]agent: 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.[NEWLINE][BOUNDARY][NEWLINE]user: 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?[NEWLINE]agent: Yes, you should expect to be required to sign a promissory note and go through entrance counseling.[NEWLINE][BOUNDARY][NEWLINE]user: I thought so. And what is this SAR I read about?[NEWLINE]agent: 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.[NEWLINE][BOUNDARY][NEWLINE]user: Ah, that makes sense. Thank you for the explanation! So what if I receive a student loan for the very first time?