I apologize for the vacations and cars comment. I don’t think it came out as intended. The bonds are US EE Savings bonds purchased in the mid to late 1980s in various denominations from $500-10,000. Under the “to”: it has my mom’s name. Then an address, a bar code of sorts. Then it says at the bottom OR (child’s name, or my name). When we’ve cashed them previously over the years, we paid taxes on the interest accumulated.
And yes, I realize that if he does not get in, it will be a moot point. I live in a small disadvantaged city where most people expect him to go Ivy League. Our original thoughts were to stay in state. There, I know that all of his credits will transfer. The schools here have been sending him to our local university since he was 12 for math. Those credits will transfer to the state school, as well as all the AP/Dual Enrollment credits. Ivy League (or similar) probably will not accept them. But, our in state costs have risen a total of $10-15K per year in the last 5ish years. If he could get an Ivy League degree more cheaply than in-state, it is definitely something to strongly consider.
I would just like to get all my ducks in a row before the official application process begins.