Cheryl Winokur Munk

speaker
643 appearances 14 recordings 1 series first heard Mar 2018 last heard Nov 2024

Cheryl Winokur Munk’s voice in public audio — every appearance, attributed to the second.

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them.
So that's just going to be a specific question for a scholarship provider.
There could be, there may not be.
So if a student is getting a scholarship, they should check with the scholarship provider to see what, if any, effect it will have.
And you're contributing a target amount.
Say, maybe it could be the cost of a semester.
It could be even a year.
It could be four years.
And it's a calculation that takes into account today's rate.
And then what happens is that money grows.
The plant operators will promise that that money will grow to an amount that can be used.
It will match college costs down the road.
You contribute to an account, similar like you would for a 529 savings plan.
And you're contributing a target amount.
Say maybe it could be the cost of a semester.
It could be even a year.
It could be four years.
And it's a calculation that takes into account today's rate.
And then what happens is that money grows.
The plant operators will promise that that money will grow to an amount that can be used.
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