- Joined
- Nov 3, 2007
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- 31
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Hi, I can't afford to pay for a car in PT school. Just got accepted, and will have to move out-of-state. My parents has a spare car they can let me drive. I will be in a different state than my parents. Is this OK? They cannot help me with any finances, I have to get loans on my own. My questions are:
1) Can my parents continue to insure the car and title the car under their name, and let me drive it even though I am a graduate independent student?
2) will it jeopardize my independent student status to drive a car owned by my parents?
3) will insurance companies raise hell if I am driving the car in another state while not being a dependent on my parents' income tax?
4) do I have to disclose to the schools that I have an old car lent to me by my parents? will this affect my financial aid status?
5) Also, how long can I drive a car with out-of-state registration while in PT school? Sorry I have never been out of state before. My college experience has been in-state. Thanks! I would be grateful to have some feedback from medical students that have been down this route.
1) Can my parents continue to insure the car and title the car under their name, and let me drive it even though I am a graduate independent student?
2) will it jeopardize my independent student status to drive a car owned by my parents?
3) will insurance companies raise hell if I am driving the car in another state while not being a dependent on my parents' income tax?
4) do I have to disclose to the schools that I have an old car lent to me by my parents? will this affect my financial aid status?
5) Also, how long can I drive a car with out-of-state registration while in PT school? Sorry I have never been out of state before. My college experience has been in-state. Thanks! I would be grateful to have some feedback from medical students that have been down this route.