<p>hm, the only way this would work is if you actually gave the money away with no understanding it will be given back. Like if you gave it to the United Way, except you gave it to your brother instead. Really. And no one would believe it anyway if it got questioned, so be ready for that.</p>
<p>Have you thought about putting some of your savings in an IRA? You can still do that now in 2007 for 2006 earnings as long as you have not filed your tax return yet. That gets the contributed amount out of the FAFSA assets and is perfectly legit.</p>