<p>As I said earlier, and others have reiterated, PROFILE wants to know about 529 plans that have you as the beneficiary. </p>
<p>Also, when you get the distribution from the 529 plan, or your college does, that does have to be reported on FAFSA. </p>
<p>The fact that it is a college savings plan means that the intent of the plan is to shelter the money so it CAN be used for college.</p>