married financial aid question?
I was wondering, right now I am technically a single mother of 2 children, but me and my boyfriend would like to get married,,,, the only hold back is I am worried that will hurt my chances of getting my schooling paid for with grants and what not.... I live in Idaho and I was wondering if anyone knew anything about this sorta thing.... thanks!
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You need to go to www.fafsa.ed.gov to apply for grants and loans.
On the day you submit your fafsa- if you are married, then you put your and your hubby's income. If you are single, divorced, widowed or separated then you include just your income. (Child support paid or received should be included in any instance) Not really sure what the "technically" means. You should be able to fit yourself in one of those categories, without the "technically".
It really depends on how much he earns at the present time. The Pell Grant is based on the income of both the husband and wife on their income and savings. If he is a student, it might not impact your financial aid much and could benefit him. However, if he has a good job earning good money, it could severely impact your financial aid package if you two married before graduation. There are some financial aid calculators out there which can give a rough estimate, but the final figures will not be known until the SAR report comes back. I will provide some links which should help provide more information or help with financing college. Good luck!
The FAFSA asks for your marital status as of the day you sign it. Unfortunately you can not change your marital status during a FAFSA year (july 1st through june 30th of the next year) So, if when you complete the FAFSA you are not married, you would have to report it that way on the FAFSA. You would also include your 2 children.
If you are married, the government will consider your family income & assets when determining the amount of tuition that you are responsible for contributing.
More info at:
http://studentaid.ed.gov/
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