I'm not sure what this tool adds beyond what Survey Monkey or the like do, except maybe that you can survey larger numbers of students than 100 with out a cost.
The TooFAST initiative is committed to providing users with a simple online survey tool for teachers to assess their students' impressions of their courses and their teaching. Using TooFAST does not cost anything and we are offering all our code under the terms of the GPL.
Online teaching is increasingly common at many types of higher education institutions, ranging from hybrid courses that offer a combination of in-person and online instruction, to fully online experiences and distance learning. The following resources provide guidelines for creating an online course, best practices for teaching online, and strategies for assessing the quality of online education.