As of 2015, the FASFA application can be found on the FAFSA homepage at fafsa.ed.gov. FASFA stands for Free Application for Federal Student Aid. It is managed by Federal Student Aid, part of the U.S. Department of Education, and is the largest provider of student financial aid in the nation.
The FASFA application is a form that prospective students must complete to be eligible to receive grants, loans and work-study funds for college or career school. The application process is completed online and requires that the applicant enter information, such as dependency status, parental information, tax information and school choices. This information is used by Federal Student Aid to determine eligibility and financial assistance awards.