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May 24, 2024 · (Getty Images) Many students are still searching and applying for grants and scholarships to fund their college education. For students struggling to pay tuition, a sudden offer of a grant or...
People Facebook message me about once a year asking how I got this Abbott and Fenner Scholarship. Yes, I got this scholarship a few years back. I wrote a short essay and received a check in the mail from "Abbott and Fenner Business Consultants." I found the scholarship through my high school's list of scholarships to apply for.
Sep 24, 2020 · Similarly, other scholarship red flags to beware of when it comes to scholarship offers are: • Guarantees – Honest scholarship providers will never guarantee a scholarship – as good as it may sound, that’s not how it works. • Unsolicited offers – Scholarships are not just given to random students who haven’t applied and put forth ...
- Legitimate scholarship providers don’t want – or need – your money. They want to help students attend school, not profit off of you!If a scholarshi...
- Financial aid that comes from the government will be awarded in forms like grants and loans. To apply for government aid, you must fill out a FAFSA...
- Trustworthy banks giving legitimate loans usually do not ask students to pay large fees for taking out loans. If the fee seems unreasonable or the...
- While this may seem like common sense, for some, it’s not. This is a common trap for students looking to attend a school internationally or out-of-...
- No matter how legitimate a telephone or internet inquiry may seem, it’s important to keep in mind that legitimate organizations, as well as the gov...
- It’s just a good life rule to follow but, especially when it comes to your finances; remember that some things just are too good to be true!If you...
- Every semester, Fastweb helps thousands of students pay for school by matching them to scholarships, grants, and internships, for which they actual...
Mar 15, 2024 · If students encounter a fraudulent scholarship or feel they have fallen victim to a scholarship scam, experts encourage them to report the website or company to the FTC and the Consumer Financial...
- Cole Claybourn
- Staff Writer
- Types of Scholarship Scams
- How to Spot and Avoid Scams
- How to Report Scholarship Scams
- Where to Find Information About Legitimate Scholarships
First, let’s take a look at the most common scholarship scams circulating online today. Scholarship scams come in many different forms, but often follow the pattern of traditional ruses, such as phishing schemes and overpayment scams. The promise of a scholarship is simply what the fraudster running the scam has chosen as their guise, and they are ...
Scammers can be very crafty and scholarship scams may be difficult to spot, especially when you’re ever so hopeful that someone really does want to help you pay for your education. Here are some tips for spotting and avoiding these types of schemes. Let’s delve into those in more detail:
Do you suspect someone is trying to scam you? Or have you or someone you know already fallen victim to a scholarship scam? The government is aware that such scams are taking place and has taken steps to prevent it, including devising the College Scholarship Fraud Prevention Act of 2000(P.L. 106-420), which created enhanced penalties for scholarship...
We’ve covered a lot of information about how to avoid scholarship scams, but what about finding a legitimate scholarship provider? Thankfully there are plenty of organizationsout there that genuinely want to help. Here are some places to look: 1. High school guidance counselor 2. College financial aid advisor 3. Fast Web Scholarship Search 4. Colle...
May 25, 2021 · Scholarship Scams. Never pay to apply for a scholarship. If a company promises you a scholarship or grant in exchange for a “processing cost,” “redemption fee,” or other upfront payment, walk away. Many of these companies give you nothing for your fee — not even a list of potential sources of scholarships.
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Oct 2, 2020 · While numerous scholarships exist to help students fund their degree, the fact is that not all organizations are above board. In fact, scholarship scams are all too common, with students representing almost 10 percent of fraud allegations reported to the BBB Scam Tracker in 2018.
