(Closed) College Wives… Wanna help? :)

posted 8 years ago in Babies
Post # 3
Member
1602 posts
Bumble bee
  • Wedding: September 2011

i wish i did, but my Fiance is only at the beginning of his education program and knows absolutely NOTHING haha.

but congratulations on thinking about the next step! i wish i could even think about having a child when he graduates, but i know he won’t be near ready…

Post # 5
Member
1940 posts
Buzzing bee
  • Wedding: July 2010

I would make an appointment with your on-campus financial aid department/ advisor.  S/he should be able to answer some of your questions.  Regarding Pell Grants, I believe they are given out based on your income, so it isn’t really dependent on whether you are working full-time or part time.

Post # 7
Member
1940 posts
Buzzing bee
  • Wedding: July 2010

So this may be a really silly question, (and please don’t take it the wrong way) but… if your husband graduates but only works as a sub (part-time I’m guessing), will you be able to afford a child?  For example, will he be able to have insurance if he doesn’t work full-time (prenatal care and delivery usually costs several thousand dollars – and that doesn’t take into account all the baby well visits, etc.).  I doubt that any additional financial aid you get for being a parent would offset the costs of actually having a child.  Just thoughts to consider.  Certainly check with the financial aid department for more info though!

Post # 8
Member
1032 posts
Bumble bee
  • Wedding: August 2009

if you have a baby and you stay home I bet you can get grants. those don’t have to be paid back. I know that being married is not the same as being a single mom. But I know that it is based on income and my single mom friends who all work, ALL have it paid for with mostly grants and only little loan $

you will have to look online. I bet you can find a lot of info a the federal student site

Post # 10
Member
1426 posts
Bumble bee
  • Wedding: December 1969

I’ve never heard of having a teacher in the family disqualifying you from pell grants (or any other grants or loans for that matter).  As far as I know the only thing they care about is how much income your family has vs. how expensive your college is. They don’t care what the profession is, only the income. I imagine your aid went up when you got married because you were now part of a new family (you and your husband) with virtually no EFC, rather than having your parents incomes driving up your EFC.  Your husband getting a job (any job) would raise your EFC and thus decrease your potential aid.  Having a baby might decrease your EFC, if they take dependents into account like they do for taxes, but they might not.  I don’t know about that one.

I agree with the PP who said talk to a financial aid councilor at your school.  They will be able to better guide you about financial aid and may even be able to refer you to someone who could help you do a more comprehensive financial assessment and plan for the next few years. Good luck to both of you!

Post # 11
Member
256 posts
Helper bee
  • Wedding: October 2009

It has been a few years since I was in school, but if things are still roughly the same, they base your aid estimates on the taxes from the previous year.  So, lets say he was graduating this may, and you had the baby in june 2010.  Your financial aid for 2010-2011 would have already been calculated and would be based on your 2009 taxable income.  If you had another year of schooling after that, your aid for 2011-2012 would be based on your 2010 taxable income, so even if he worked full time after graduation, you’d only have 6 months of income on those taxes.  There could have been plenty of changes since I graduated though.  I think meeting with someone at your school is a great idea.

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