CSS Profile Question: Student Assets/Savings Bonds

sblake7
Sun, 07 Jan 2007 00:25:49 +0000

“A savings bond registered in the parent’s name counts as a parent asset (low impact). A bond registered in the child’s name as a single or co-owner counts as a child asset (high impact). If the bond was registered in the child’s name, but parent’s (owner’s) funds were used to purchase the bond, the parent may change the beneficiary.”

http://www.finaid.org/savings/accountownership.phtml

If you can figure a way to count them as parental assets, it would be to your advantage.