Thursday, May 13, 2010

Will getting married reduce my financial aid?

I'm a full time student and considered independent. I'm planning on getting married soon. Will that reduce my financial aid?Will getting married reduce my financial aid?
There's no definite answer. It can be a no or a yes. It depend on you and your spouse's income and assets. You apply for financial aid. The school and the gov't determines whether or not you're in extreme need and they give more gov't grants and loans according to both your EFC and the your school's estimated cost of attendance.Will getting married reduce my financial aid?
YES. Because you will put both your incomes together.

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