Well Im with Att and have my line under my dads account and am currently paying $40/month only for calling(no messaging) which is 450 minutes+rollover,unlimited nights/weekends+unlimited mobile to mobile. I recently bought a smartphone from a friend and might be charged an extra $20 for the cheapest data plan they offer which is 300mb so I will now be paying $60/month. Am I paying too much considering I dont have a job?Im paying all this with my financial aid money from college.

Best thing I ever did. I now pay a third of what I did and I have the best phone in the world (for me, anyway). I am absolutely nuts about my phone and can't believe I'm saving money as well.
Be happy that you pay so little.