College: Got a scholarship. Should I also work or not?

Question

Basically, I got a presidential scholarship and an engineering scholarship renewable every year for four years. These plus my federal loans basically pay for tuition & fees, books & supplies, and rent.

Now, I'm married. My husband and I want to live in a nice, safe neighborhood in a nice but not extravagant apartment--$610 a month. My idea is that I will borrow from another private lender for MY car payment (only for one year--paying it off!!) and car insurance for the four years, just so that it won't be a burden on my husband.

I would work to pay for these but my logic is that-- my scholarships are only renewable if I make a 3.7 GPA and stay full time. In order to ensure the least amount of stress on me, my husband, and our lives IN GENERAL... I would forgo working and we would share in household responsibilities as we do now. LESS STRESS= BETTER CHANCE OF GOOD GRADES.

Now, does this sound like a good idea to you?

Answer 1

Sounds like a great plan.  Good luck on keeping up the 3.7 though.  Engineering is an extremely difficult major top to bottom, very few people are able to keep that GPA all the way through.  Don't be disapointed if it slips a bit and you lose those scholarships.