H will assess a contribution of essentially all personal assets for need-based aid. The amount is divided evenly over three years so that your annual contribution will be 1/3 of of your assets at the time of your financial aid application, sans a small emergency allowance.
So there is, in some circumstances, an incentive to spend down assets between now and the date of your financial aid application, although for obvious reasons this isn't advisable for the vast majority of people (not guaranteed admission, uncertainties of if
you will qualify for grant aid and how much your financial aid award might be, whether some or all of your projected grant aid ends up being an institutional loan instead, etc.)
Info about H's treatment of students' personal assets for financial aid is available here