There are two types of text fields through the Assessment Platform.
Text Fields are typically smaller fields for short text like names, addresses, or quick notes. This text is taken only as keystrokes; non-formatted text.
The text area is a more advanced text field. This field can be formatted and can be used in a variety of ways. It may be for your team use within the platform, or there are some sections of some regulations, standards, etc. where you can input advanced text options.