• Scholarship Scams Tips
     
    10 Scam Warning Signs
     
    1. FEESScammers 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

    2.CREDIT CARD OR BANK ACCOUNT INFORMATION NEEDED:  Never give credit card or bank account info to receive aid.  If you have, call your bank or bank or credit card issuer immediately.

    3.  SCHOLARSHIP GUARANTEE:  No one controls judges' decisions.  Be wary of "high success rates," which often refer to award matches, not award winners.

    4. NO WORK INVOLVEDLegitimate scholarship applications require time and energy.  No one can complete them for you.

    5. NO CONTACT INFORMATION:  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) upon request. 

    6.  UNSOLICITED SCHOLARSHIPSIf you are called to receive an award for which you never applied, be alert.  Ask where the sponsor got your name and number.  Then follow up.   

    7.  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. 

    8.  CLAIMS OF "EXCLUSIVE" SCHOLARSHIPSLegitimate sponsors won't restrict knowledge about their award to a single service. 

    9.  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.

    10.  YOUR QUESTIONS AREN'T ANSWERED DIRECTLY: Can't get a straight answer from a sponsor regarding their application, what will be done with your information (e.g., if it will be sent to a third party) or other questions? 
    Proceed with caution.
    Information taken from www.fastweb.com