<prompt> Human: Just a little background, my grandparents owned a portion of a family members house that recently sold, and they decided to invest in my education by writing me and my 3 younger siblings a check for 1,000 each to use for schooling. My parents dont know much finance-fu and so I came here to look for advice on where I would be best served to put the money. I am a freshman university student and have had most of my years tuition paid for by financial aid, with my parents helping support the rest. Due to a higher family income, I will be getting an on campus and summer job to try to come up with the 10k increase in expected family contribution for next years tuition, and its fair to assume progressively more will be required for each of the remaining two years. It may also be important to note that I plan on trying to go to Law school after these 4 years. Also, I have no savings, no debt, and no credit. I would like to treat the money as though its not even there and put it somewhere that I can get the most out of it, whether that be investing, or savings, etc. I have little prior experience with this sort of thing. Any advice would be greatly appreciated!Also, my siblings are all under 18 and Im wondering what would be best for them as well, as my parents simply suggested them putting it into a savings account. They are all directly being written checks to avoid it going through my parents and looking like income...? I dont know how it all works, Ive just had a few small conversations with my mother about it. I would just like to know what my options are so I can confidently make a decision. I know 1000 isnt the most money, but its the most raw capital Ive ever had at one time lol. Thank you!  <response>: If they gifted it to use for your education, just use it for that purpose. 