Scholarship Scam Warning
Don't be fooled!
You can’t believe everything you read or hear!
Many legitimate companies offer lists of scholarships for a fee ranging from $10 to $400
or charge an advance fee to compare a student’s profile with a database of scholarship
opportunities and provide a list of awards for which the student may qualify. They
don’t guarantee or promise scholarships or grants.
Of course, there are also those who would prey upon the unsuspecting. These are some tactics
of which to be wary:
- guarantees of scholarship awards for an advance fee payment;
- ‘money back guarantee’ requiring students to apply for each scholarship or
grant they have listed and then offer proof they’ve been denied by each;
- notice of selection as a ‘finalist’ for an award requiring an advance fee
payment; and
- request for the student’s checking account information to ‘confirm eligibility
for an award’.
Protect yourself by staying informed. These Web sites present current, accurate information about
scholarship scams: