A new version of the federal application for student aid for the 2007-08 school year creates a loophole for parents: Money saved in education-savings accounts for dependent students will no longer be counted in determining aid, as long as the accounts are in the student's name. The changes in the Free Application for Federal Student Aid, or FAFSA - which were released for public comment this month - could cause a rush by some parents to move assets from college-savings plans in their names and set up custodial accounts in the child's name.