FAFSA-Filter: Help me deal with 150 savings bonds.
I'm a 26-year-old unmarried man. Every week for the past few years, my fiancée and I have purchased a EE savings bond. We always split the cost 50/50, and every bond lists both our names as "co-owners." We have collected approximately 150 bonds. My name appears (as co-owner) on every bond, but half the money belongs to my fiancée.
Now I'm applying for financial aid to attend graduate school, and I need advice on how to treat these bonds when listing my assets. Aside from ripping open three years' worth of envelopes and plugging 150 different serial numbers into the Treasury website, how can I estimate their total value? Can I use the Savings Bond Earnings Report
? And once I've calculated a total value, will I encounter trouble if I only report half that amount?
Thanks for any advice. It's difficult to find FAFSA help online that isn't geared toward kids. Selling the bonds isn't an option, nor is removing my name. I want to minimize my assets, obviously, but I don't want to be dishonest and risk being rejected.