The Free Application for Federal Student Aid (FAFSA) is the application that college bound students must complete in order to receive financial aid for college. The information for the application will be based on the previous year's income tax returns. Through this application eligibility is determined for grants, work-study and loans. Some scholarship applications may require FAFSA be filled out to determine eligibility. Visit http://www.fafsa.ed.gov/ for more information and applications or click on the link above.