The Free Application for Federal Student Aid (FAFSA) is a form that must be completed in order to be considered for federal financial aid from the U.S. Department of Education to help pay for college. The information provided on the FAFSA is used to determine your eligibility for financial assistance based on your financial need. As a result, you must disclose information about your family's finances and federal tax returns on the application. In addition to federal aid, states and colleges also use the FAFSA to assess eligibility for their own grants, scholarships, and loans, and to determine the amount of financial aid that will be awarded. Therefore, it is recommended that all students complete the FAFSA, even if they believe they are not eligible for federal aid, in order to determine their eligibility for other forms of financial assistance. The Beginner's Guide to FAFSA is a great resource to learn more about the company and its services.