Short Text vs. Long Text
There are two types of free text boxes that can be used. One is called the "Short Text" and the other is called "Long Text." The difference between these two text fields is that additional rows (up to 50) can be provided for the long text field. The short text field can have up to only ten rows. The maximum width for short or long text is 80 characters. A scroll bar will appear to accommodate longer pieces of text.
If you wish to have a default text value, deselect the "No Default" checkbox.
Long Text fields cannot be added to the data grid and therefore cannot be a part of reports.