The Free Application for Federal Student Aid (FAFSA) form determines your eligibility for Pell Grants, Direct Stafford Loans, Direct PLUS Loans and other types of federal financial aid. A FAFSA form must be completed each year that you wish to be considered for financial aid. We recommend you complete the FAFSA every year, even if you do not think you qualify for federal aid. You can apply online and a complete list of items you need to have ready is available at FAFSA on the Web.