You answer financial and other questions that are used to estimate your federal student aid eligibility. You may be able to answer most of the questions easily, but some of the questions may ask you to reference your personal records for instance, your federal tax information or your bank statements.
Now I'd like to ask a completely unrelated question. What is the definition of need-based aid? So you won't tell me anything about that need-based aid calculation formula?
As for non-need based aid, they use various factors to calculate that.
Alright. I'd also like to know more about the estimate federal student aid. Do you have any information regarding FAFSA4caster?