<p>My parents just thought about opening a bank acccount for me.
They're wondering if I have money in the account, would that affect my financial aid i receive from Cal grant or the schools at all?</p>
<p>Is it good or bad 2 have a bank account if i'm dependent student.</p>
<p>A bank account with money in it will affect, b/c it's money you can put towards college.</p>
<p>Also, schools will count a higher percentage of money saved in your name than they do your parents savings when they calculate your fin. aid package. They expect all money in your savings to be useable for college costs but they know parents have other responsibilities. Bottom line, tell your parents to wait until after the financial aid packages are in.</p>