From financial aid grants, I am receiving about $3000 leftover per year after my personal and textbook expenses. I am thinking of opening a savings account and and depositing this $3000 every year in order to save up a bit for medical school. So by the end of my undergrad school, I would have $12000 + interest saved ready for medical school. I know it doesn't even fully cover a year of medical school, but a grand saved is a grand less to borrow from loans. Here's is where my question comes in; would this accumulation of money in my savings account effect how much financial aid grant I receive each years? For example, if having $3000 in my savings account after freshman year lower the financial aid I would receive for sophomore year to $2000 and therefore ruining the plan?