Forgot to report paper bonds on FAFSA

annoyingdad
Mon, 13 Jan 2014 16:14:38 +0000

You called them education paper bonds. Are these US Savings Bonds?

If so and the bonds are in the kid’s names and you are the custodian then they are student assets. Any in your name only would be a parent asset. CSS is clumsy to update so I would include them before you submit it. For FAFSA you should update the student and parent investment asset amounts now since this was an actual omission the first time.

You can use the Savings Bond calculator here to get their current value:

[Individual - Savings Bond Calculator](Savings Bond Calculator — TreasuryDirect)

or on the left at the link is a link to the Savings Bond Wizard.