If my parents used a UGMA for my college fund am I screwed?

Paying for College
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<p>It only takes a few minutes to open a 529. All the stocks/mutual funds in the UGMA would need to be sold (another few minutes) and transferred as cash to the 529 (a day or so for everything to clear). This would need to be done prior to filing FAFSA in January/February/whenever.</p>