You will both be students, so you both get full financial aid (which covers living expenses, including transportation, food, etc) based on your EFC and cost of attendance. Since you will both be students, your family income will be 0$, so your EFC should be 0 too, barring any huge savings. My husband, myself and our THREE children all live on his federally provided financial aid (no private loans). If you were at our school, you could compare by noting that we pay $900.00+ for our three bedroom apartment with my husband's financial aid,while you and your spouse could be in a $500.00 one bedroom place, but still get TWICE the money. Make sense? Also, keep your debt in perspective.....I obviously don't advise going $100,000 in debt to become a preschool teacher, but you will both be making REALLY good money when you are in practice (even during RESIDENCY your household income with two interns will be well above the national average!!!!), and paying off the loans will be easy, especially if your spouse uses a primary-care pay off solution. Federal financial aid is essentially the safest and least expensive money you will ever have access to, so don't be scared to use it (wisely, that is!)
