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Subject:  saving for college Date:  7/9/1998  1:05 PM
Author:  conifer Number:  4315 of 98502

Dear TMF:
I started a custodian account for my niece when she was born in December '94, with education in mind. Now I hear and read that such an account could prevent her from receiving financial aid, which she likely will need. How can I resolve such an issue ?
Some relevant facts: the account now has $4000. and it probably will receive about $800. to $1000. per year. It is in New Perspective mutual fund.
Thanks very much.
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