Small-angle neutron scattering ͑SANS͒ and magnetic-force microscopy ͑MFM͒ have been used to characterize the temperature dependence of the ferromagnetic correlation length and the domain structure in amorphous TbFe 2 below its magnetic ordering temperature. Amorphous TbFe 2 is classified as a random anisotropy magnet, in the exchange-dominated limit, and previous SANS observations had shown a correlation length limited to 50 Å at low temperatures. In the present study, samples were prepared by both sputtering and electron beam coevaporation and were either grown or preannealed at 200°C in order to permit measurements above T c without structural relaxation. Samples grown by vapor deposition processes possess a large macroscopic perpendicular anisotropy constant K u , which can be reduced or eliminated by annealing. A strong SANS signal is seen in all samples, with a magnitude strongly correlated with the temperature-dependent sample magnetization and with the inverse length scale of the domain structure seen in MFM. For all samples, the magnetic correlation length determined from SANS is 300-500 Å in the thermally demagnetized state, and increases beyond measurement range after magnetizing. This long correlation length is consistent with theoretical predictions of a ferromagnetic ground state in exchange-dominated random anisotropy magnets in the presence of coherent anisotropy. The SANS signal is dominated by a Lorentzian squared term, which is best understood as resulting from ferromagnetic domains with meandering domain walls, similar to the Debye-Bueche model developed for materials consisting of two strongly segregated, interpenetrating phases.