Gift trust on FAFSA?

granipc
Wed, 06 Feb 2013 13:29:51 +0000

D has a gift trust in his name, worth about $4000. It matured last September, but he has not received pay out of it at this time and it is still sitting in the gift trust account. How is this reported on the FAFSA, or does it not need to be reported until it is paid to him?