Sunday, August 21, 2011

Getting married while in college (financial issues)?

Me and my fiance have been together 6 years and want to get married this summer. Our parents have agreed to pay for the wedding, but we are looking into how getting married will change our financial status. How will we get medical, eye, and dental insurance? Will we still be able to get school loans? Can our parents still cosign a loan if we aren't dependent on them? We each take out 20,000 a year in loans for school and we have 4 more years to go before he is a pharmacist and I am a mental health therapist. We dont want to get married and then find out we cant get loans or insurance and not be able to finish college. Any advice???
--------------------
you shouldn't have any problems with the loans, but you will have to pay full premiums for health insurance - expect that to cost at least $500-600 a month or more for a married couple that's up to your parents if they want to cosign a loan for you
Source

No comments:

Post a Comment