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sparrowfield · Feb 26, 2012, 07:10 PM

My boyfriend and I are considering getting married at a local courthouse soon. We have been looking into this for some time, but thought it might be a good idea to ask around and see if we might have overlooked something.

We are both undergraduates in university. He is an independent student, and so his aid is based off his own income. He gets more than enough aid to pay for school. I am still dependent, my aid based off my parent's income (Though I do not live with them and they do not support me financially, or help with college expenses), and it is barely enough to cover the cost of school. The Financial Aid office says that if we get married our aid will be based off each other's income, which would be good since we both have very little income. In this case my aid would become about as high as his. I would like to know if there are any other factors that might create a problem financial aid-wise?

My parents still claim me on their taxes since I am a student and under 25. I know they wouldn't normally be able to claim me once I'm married, but I was wondering if there might be an exception since I am a full time student?

Also, can they even claim me if they do not support me in any way? I only spend a short time in their home during holidays. I do not rent from them, they do not pay any bills for me, and I do not receive expensive gifts from them.

I am also still on their insurance plan. I think I can stay on their plan until I am 26, though I wanted to make sure there weren't any exceptions I might fall into. If I were to be dropped from this plan, however, it would not necessarily be a deal-breaker, as our school offers insurance.

I know we will have to deal with each other's student loan debt, but are there any other significant legal or monetary things that we should be considering?

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