<p>My parents set up a NY College Fund for both me and my younger sister when we were born. However, my parents want to use up all the money for both my sister and me when I go to Cornell in the fall because it doesn’t make any interest and it’s basically just sitting there. Do my parents need to change my sister’s fund’s beneficiary name (which is her name) to mine before they are allowed to use it for me?</p>
<p>I would recommend calling the Financial Aid office on that one.</p>