<p>My son has a very small amount saved. About half is in a CD that will mature after Jan 1, 2006. The other half is scattered in series EE savings bonds that were given to him as gifts by close family members and his godparents when he was young. He had planned to use these to buy a computer for college. Now it looks like he'll have to use these to help offset the cost of replacing his car that was totalled this month.</p>
<p>My question, when do these funds need to be spent by so they won't count against him on the FAFSA form? Is it by Jan 1, or by the day we efile?</p>
<p>Thank you very much.</p>