The Free Application for Federal Student Aid (FAFSA) is the main application used to apply for federal or state-supported financial aid to pay for a college education. The application is role-based, so both the student & parent should create accounts and complete their parts. It provides you access to the largest source of financial aid available. The 25-26 FAFSA has been updated and will not be available until December 2023. Updates should simplify the application. Instead of 118 questions, it should be reduced to 36 for most users.