<p>I am filling out the FAFSA for my son as a dependent student. have a few small savings bonds that were purchased by relataives for my kids when they were born, for birthdays, etc. They are not mature yet, and I don't want to cash them in early. I know that I need to report on the FAFSA form, the current value of the ones in my upcoming college student's name in the Student's asset question, Question #41, but I would like to know whether I also need to report the bonds in my younger kids names under the question about parent's investments, Question 89? The bonds are printed in their names, with my name listed as the addressee. Thank you.</p>
<p>Since they are in each kid’s names, they are student assets of each student. They aren’t double counted as parent assets too. In addition to these kinds of gift bonds from others over the years to each of our kids, we also bought some bonds in the 90’s in our names which are parent assets. The later are the only ones that can be tax free if used for qualified education expenses.</p>
<p>On the savings bonds, what value do we list?</p>
<p>Treasury has a savings bond calculator that gives you current value of bonds. You have to input bond info one at a time, but you can save the list as an excel file, and use it in the future to update current value.</p>
<p>[Individual</a> - Savings Bond Calculator](<a href=“http://www.treasurydirect.gov/indiv/tools/tools_savingsbondcalc.htm]Individual”>Savings Bond Calculator — TreasuryDirect)</p>
<p>I use the savings bond wizard:</p>
<p>[Individual</a> - Savings Bond Wizard](<a href=“http://www.treasurydirect.gov/indiv/tools/tools_savingsbondwizard.htm]Individual”>Savings Bond Calculator — TreasuryDirect)</p>
<p>You download it and install it on your computer. You have to enter the bond info and then it gets saved on your computer. You need to be running windows to use the wizard.</p>