Cheryl Winokur-Munk
speaker
1,406 appearances
26 recordings
2 series
first heard Apr 2019
last heard Jun 2025
Cheryl Winokur-Munk’s voice in public audio — every appearance, attributed to the second.
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Appearances
Loans are going to have to be repaid, but scholarships and grants won't.
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So if a school is giving you more in scholarships and grants, even a school that costs more may ultimately be a better deal than one that you have to take out more loans for.
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You should really look at things like, you have to look at the total cost of the school or the net cost, what a family is going to pay out of pocket, which is after the scholarships and grants.
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And then you can compare it on an apples to apples basis.
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It's not a matter of taking enough time.
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It's a matter of getting very confused.
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There's no general aid offer form that's used, that colleges use.
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You can apply to 10 different schools and get 10 different offer letters.
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And that makes it very confusing.
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There are legislative efforts to change this, and there are hopes that in the future there will be a standard form.
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But that's really the issue is that you're looking at terms that look unfamiliar and every school does it somewhat differently.
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And that makes it much harder to compare things on an apples to apples basis.
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So there's no guarantee that you're going to get additional money, but that doesn't mean you shouldn't ask.
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And especially this year, every year there's a process called professional judgment.
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And that means that financial aid counselors have the authority to review your financials and to see if more aid can be given.
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This year in particular, more families had their incomes affected by the pandemic, and there may be more issues.
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And this is why.
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So if you're applying for school in the 21, 22 year, you're using your financials from 2019.
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And there's a world of difference.
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or there could be a world of difference for some families between 2019 and now.
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Showing 1121–1140 of 1,406 · page 57 of 71
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