Money from Grandma?

MomCat2
Mon, 10 May 2010 23:51:47 +0000

If your son will be receiving financial aid, and you didn’t already list the UTMA money on his FAFSA (and CSS Profile, if applicable) under student assets, then it would probably would be best to correct the FAFSA, etc NOW, rather than have the school find out later that you failed to declare it.

On edit - since your son is getting Work/study funds, he IS on FA, and you may need to correct your FAFSA.