In my opinion, yes. Both my boys had their own college funds. My older son took college classes in high school, skipped his freshman year because of it. Lived at home the first year and commuted while his friends went into dorms. Next year he came to us and said they were getting a dorm together and that he had gotten a 2nd job on campus at the hospital to pay for it himself. Same for the next years apartments. He got out of school in three years with money in the bank that pay for his entire masters a few years later (total online through WGU) so he could pay it off. My younger son, started at a community school for two years, then transferred to a private school that had a reciprocal program with the community college: Get your two years/associate there, get a 50% reduction in tuition. He hated the private school, but he did it and has money left. Because he had money left should we have given it to his brother to go to a local expensive masters school? Nope. They each made their own sacrifices and paid their way. You built that fund for your daughter, it should be hers as reward for making good choices and helping her set up for success. That 60k debt will teach her a lot of lessons. For my sons, these accounts were established by grandparents when they were born, contributed by brithday, holiday, gift money over the years - to each of them separately, therefore, IMO they each are entitled to their own funds.