I realized that I have been making the same mistake on my FAFSA applications for the past 3 years.

[robert564]

@thumper1

So if your mothers SSN is on the account then its not your money and you should not report it on the FAFSA

@DiscountQueen that is not entirely true. If this student put HER money in her mom’s bank account…the money would still belong to the STUDENT…not the mom (unless the student was giving with no strings attached this money to her mom). If money belongs to the student, it doesn’t matter where it is…it still belongs to the student.

@BelknapPoint would you like to confirm.

So what your saying is that as long as none of that money was actually mine, I don’t have to declare it? Again, my name is listed on that account.