spouse's income

[usp1123]

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my husband is making over 170K last year. Does his income affect my subsidized or unsubsidized federal loan application? Can I still get financial aid? I just want to pay my school by myself.

 

[mshheaddoc]

I believe it will effect you in some sorts but you can fill this out and see what it says

http://www.finaid.org/calculators/scripts/estimate.cgi

I tried to find the "income" brackets for federal loans and couldn't find anything. If you didn't many any money last year you might have a chance. But most likely you will be responsible for a large portion of your tuition due to your husband's income. Some schools also require parents income (no matter how old) but usually that is for school scholarships and the like. Their main basis will be FASFA.

This link will help you find your EFC for this year. Maybe someone who is in your similiar situation can comment.

 

[TypeA]

You will get unsubsidized, but if you didn't make anything last year, then be sure you are filing separately. It may cost more upfront in taxes, but you will (likely) be qualified for subsidized loans.

Good luck.

 

[Lisa3158]

my husband is making over 170K last year. Does his income affect my subsidized or unsubsidized federal loan application? Can I still get financial aid? I just want to pay my school by myself.

I am in the same position and you will qualify for unsubsideized loans but unfortunately no subsidized.

 

[Doctor Bagel]

You will get unsubsidized, but if you didn't make anything last year, then be sure you are filing separately. It may cost more upfront in taxes, but you will (likely) be qualified for subsidized loans.

Good luck.

Even if you file separately, you still have to report your spouse's income on the FAFSA, so I doubt it'd make a difference.