Parent savings and income

Hi, we have nearly 50k in the bank and my husband makes over 100k per year. Will my son still be able to get student aid?

If I was in control of the money I'd use some of it to pay for my son's tuition, however my husband (step dad) is the bread winner and he spends a lot of money on hobbies. And we can't use the 50k to pay for his school because they money is owed to someone else (long story). But I still had to put it as the amount of $$ in our bank.

I could be patient and wait but I'm sort of freaking out about this. My son won't be able to go to college if he can't get student aid.

I have no clue how FAFSA works so sorry if it's a stupid question.