Scholarship Scams!

  • What to watch out for!

    Fees - Scammers use bogus fees, such as "application", "disbursement", "redemption", and "processing fees" as a way to take your money.  Scholarships should NOT require any fees.  Check out the free search at

    www.fastweb.com

    Credit Card or Bank Account Information Needed - Never give credit card of bank account information to receive aid. If you have already done so, call your bank or bank or credit card issuer immediately to report it.

    Scholarship Guarantee - No on controls judges' decisions.  Be wary of "high success rates", which often refer to award matches, not award winners.

    No Work Involved - Legitimate scholarship applications require time and energy.  No one can complete them for you.

    No Contact Informaton - Before you apply, confirm the sponsor's contact information.  The sponsor should apply a valid email address, phone number or mailing address.  Not a PO Box!

    Unsolicited Scholarships - If you are called to receive an award for which you never applied, be alert.  Ask where the sponsor got your name and number.  Be sure to follow up!

    Pressure Tactics - Don't allow yourself to be pressured into applying for a scholarship.  Especially if the sponsor is asking you to pay money up front.

    Claims of "Exclusive" Scholarships - Legitimate sponsors won't restrict knowledge about their award to a single service.

    An Official Sounding Name or Endorsement Doesn't Automatically Mean Legitimacy - A sponsor may use words like "national", "education" or "federal" or have an official looking seal, but might still be a scammer.

    Your Questions Aren't Answered Directly - Can't get a straight answer from a sponsor regarding their application or what will be done with your information?  Proceed with caution!

     

    Information taken from www.fastweb.com