If you are the holder, you need to report it on fafsa as a parent asset. If your 12 year old is the owner/holder, my understanding is that you do not have to report it on fafsa. I don’t know about CSS or individual schools.
If you are the holder, you need to report it on fafsa as a parent asset. If your 12 year old is the owner/holder, my understanding is that you do not have to report it on fafsa. I don’t know about CSS or individual schools.