I receive an error stating "354 error The MATLAB computer license transfer count has been exceeded, with no more remaining.

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I am a user with a student license. In the process of transferring my license to a new laptop and testing it, I believe I activated and deactivated it about two times. Due to regulations, I now receive a message saying I can no longer activate it, with an error code 354( The MATLAB computer license transfer count has been exceeded, with no more remaining).
I'm wondering if renewing my license could solve this problem? I am seeking advice on possible solutions to this issue.

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Angelo Yeo
Angelo Yeo 2024-3-26
This error indicates that you have exceeded the yearly amount of computer redesignations (transfers) for your license. For more information please refer to the Answers doc below.
If you have more questions, please reach out to MathWorks Customer Support.

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