By the way, it's for the FAFSA. Does it make a difference if I was still receiving financial assistance when I was arrested?
Yes, your eligibility might be suspended if the offense occurred while you were receiving federal student aid
and I read that I might be able to regain my financial aid if I take certain steps, is that true?
Yes, If you had a drug conviction, you can regain eligibility early by successfully completing an approved drug rehabilitation program or by passing two unannounced drug tests administered by an approved drug rehabilitation program. If you regain eligibility during the award year, notify your financial aid office immediately so you can get any aid you’re eligible for.