<prompt> Human: This will sound shaddy. I hope I can explain my situation.My wife and I have saved 52k over 2 years- all of it is currently sitting in 2 saving accounts.I just got accepted into medical school and our income will go to zeromonth. We have saved this money for two reasons. 1. To use in an emergency, we have 1 kid currently and might have another, might need to purchase a car soon, etc. 2. We are hoping to use this cash for all the times I will need to travel, flights, long term motel stays, etc over the next 4 years. My issue is that even though our income will go to zero, everything I am applying to is asking for our money in savings. Once we state we have a large amount is savings we no longer qualify for any help until we have spent this money. So I know you may grill me that I should not be trying to apply for any financial free health care being the biggest, also for students loans - they want my savings spend first help if I have this cash but I think this is best for my family. Also, as a doctor I will be paying back into the system 10 fold.So my question is, how can I hide this money. Someone said I should purchase something worth 50k that I could sell and place it in a safety deposit box but that would tie up all the money. I have no financial knowledge besides spend less that you make and save money. Is there away to make this no shaddy and 100 legal? Could I give all the money to my Mom very trustworthy source and have her cut me checks when I need it?Please any ideas would be great. I have 4 months to figure this out. EDIT: Thank you to the folks that are being helpful. Its sounds like I need to look into setting up IRA accounts for my wife and I. My co-worker said he wife is a retired CPA and would be willing to chat will me.  <response>: Hide does sound shady, lets say minimize the impact of your assets. Roth IRAs are a non-reportable asset WRT FAFSA. You and your wife could if your income qualifies contribute 22k for 2017 and 2018 tomorrow and that solves half of your problem at least. This money can be extracted at any time. 