Money market treated the same as savings

Paying for College
5

<p>UTMAs are reported as student assets unless they are 529 accounts, then they are reported as parent assets. The older child’s UTMA would not be reported. </p>

<p>Money market funds are reported as investments (though it makes no difference to how they are treated).</p>

<p>You may find the pdf link here helpful - it has detailed question by question instructions and will answer a lot of your questions</p>

<p><a href=“http://studentaid.ed.gov/students/publications/completing_fafsa/index.html[/url]”>http://studentaid.ed.gov/students/publications/completing_fafsa/index.html&lt;/a&gt;&lt;/p&gt;