Yeah, you definitely don't want to lose money in this situation. You don't have any earning power, and you won't have much for a couple years after you graduate, so you can't make up losses very easily. Just stick it in 2-year CD. Shop around for the best rate or incentive.

If you saw Bowling for Columbine, you'll know that some banks will give you a gun for buying a 10k CD with them. [img]/images/graemlins/smile.gif[/img]