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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Loans are going to have to be repaid, but scholarships and grants won't. voice-verified
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. voice-verified
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. voice-verified
And then you can compare it on an apples to apples basis. voice-verified
It's not a matter of taking enough time. voice-verified
It's a matter of getting very confused. voice-verified
There's no general aid offer form that's used, that colleges use. voice-verified
You can apply to 10 different schools and get 10 different offer letters. voice-verified
And that makes it very confusing. voice-verified
There are legislative efforts to change this, and there are hopes that in the future there will be a standard form. voice-verified
But that's really the issue is that you're looking at terms that look unfamiliar and every school does it somewhat differently. voice-verified
And that makes it much harder to compare things on an apples to apples basis. voice-verified
So there's no guarantee that you're going to get additional money, but that doesn't mean you shouldn't ask. voice-verified
And especially this year, every year there's a process called professional judgment. voice-verified
And that means that financial aid counselors have the authority to review your financials and to see if more aid can be given. voice-verified
This year in particular, more families had their incomes affected by the pandemic, and there may be more issues. voice-verified
And this is why. voice-verified
So if you're applying for school in the 21, 22 year, you're using your financials from 2019. voice-verified
And there's a world of difference. voice-verified
or there could be a world of difference for some families between 2019 and now. voice-verified
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