(BTW, I'm the wife in this scenerio.
) Yes, I had an assumption that we made too much money to qualify for a Pell Grant, not really because of our income level, but because I had received them in the past and know they are for low income students. I just wasn't sure what "low income" means in their terms, because my prior family situation (when I was a traditionally aged student) was unique. So, I basically figured we wouldn't qualify, but I was curious as to why the EFC stated we didn't qualify for subsidized stafford loans. Not that there's a huge difference, but I thought that was kind of strange.
I'm going on the assumption that Pell Grants are for very low income families, subsidized stafford loans are for slightly more 'well off' income levels, and that unsubsidized stafford loans are for people who aren't considered low income, but don't have access to cash reserves to pay for their education.
At this point in my education, I don't have a bachelors, so I wouldn't be excluded from a Pell Grant, so I'm thinking it's income based. And I'm not at all complaining about not qualifying for a Pell Grant, not at all. If it wasn't for me qualifying for the Pell, I wouldn't have been able to have started college in the first place.
To answer some questions to may have had: My current grade level is sophomore status and I anticipate obtaining my associates degree in July, and hope to continue my education soon after. My amount of previous aid: my first two years of school, I received Pell Grants that paid for the entirety of my education. The last semester that I attended college (at that time) I took out a loan to pay for room and board. The short version of this is that I came from a very poor background (and had additional circumstances) and was the first in my family to go to college. I had a family tragedy my sophomore year, which required me to take out additional aid for school. I dropped out of school soon after, but decided to continue my degree after a 7 year absense. I have paid for the past year of my schooling out of pocket with no external help. I am (obviously) considered an independent student, because I am married (and nearing 30). My academic standing, frankly, isn't that great. I made some serious mistakes after what happened my sophomore year, but have managed to get close to a 3.0 in my studies since I've returned to school.
That is good to know about the 1.4 billion earmarked for adult education. I was under the assumption that most of the education money in the new plan was for traditional students.
I do plan to sit down with people at the school where I hope to attend in order to discuss my options, but am gathering information beforehand, so that I have some information and can know what questions I need/should be asking. You have been a great help, so thank you!