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Definition. Restricted funds are monies set aside for a particular purpose as a result of designated giving.You must complete verification for a selected student before you exercise professional judgment (PJ) to adjust any values used to calculate the EFC. Re: Your wallet will be restricted and your assets will be frozen. The account and its asset composition must be documented with the most recent monthly, quarterly, or annual statement. For this reason, this restricted scopes verification process can potentially take several weeks to complete. To properly complete the income worksheet. The complete list of relevant German financial services regulators is here. The entire mutual fund will be counted as an asset. The owner has verified that Eleanor is now not able to withdraw the balance from her pension.