Can someone remind me of the co-owner/sole owner wording on savings bonds?

<p>I can't recall who is considered the actual owner of a savings bond for FAFSA purposes.</p>

<p>It's something to do with if it's issued with an "and" or "or" with the student's and parent's names on it (with parent's SS#).</p>

<p>I think it's always considered a student asset, even if the parent could conceivably cash the bonds, but wanted to be sure because the wording makes a difference, I think.</p>