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<<I currently have about $13000.00 in saving bonds (about half of them are eligible for the education benefit
program >>

If you qualify to use the Hope and/or Lifetime Learning credits, you may want to check to see if you can use these credits and the savings bond deal the same year.

Just a comment, if your income qualifies you for the savings bond deal and your son is a reasonably good student, your aid package looks somewhat low to me.(with the understanding that I have very few details). Have you run your numbers through the EFC calculator at www.finaid.org ?

<<My plan is
to go after as much aid as possible after my son's mid term grades come in (hopefully they will be good. >>

Merit aid ? Aid is usually awarded in a school year package and rarely does more aid become available mid-year.

Jacki

The transfering money to your account is not something I would do. If there is a 1099 generated by the account, the finaid office may ask where that money went. Also, frankly in terms of disclosing his assets, what would you answer on the FAFSA next year ?
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