<p>Under the Student's Assets (SA) section, it asks:</p>
<p>"Enter the amount you have in cash, savings, and checking accounts as of today. "</p>
<p>I do not have a checking account as of today, I do not have any savings, cash, or anything.</p>
<p>However, my parents have a savings plan that they have been paying into for about 12 years now. I will receive x amount of money in June 2010 (about 7 months from today)</p>
<p>I do not know if I should include the x amount of money under my assets, or put 0 because I currently do NOT have the money?</p>
<p>If the money is not in your name when you submit the Profile, then you don’t have to declare it. However, it does belong to someone, so it will go under your parent’s assets.</p>
<p>^I don’t want to say you’re wrong, because I surely don’t know everything there is to know about financial vehicles or your parent’s affairs, but earlier you said:</p>
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<p>While a company is holding their money for you, it is still their money. For instance, I have a 529 plan for my kids education, I can’t spend that money (without penalties), but it is still my asset. But I don’t want to argue the point, that’s between you and your parents ;).</p>