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8/13/2007
An August 9, 2007 article from CNN provides college students and their families with tips for avoiding financial aid scams. The article warns that families should use caution when asked to pay a fee for financial aid assistance, because most scholarships, grants and other forms of financial aid can be applied for free of charge. In 2006, the Better Business Bureau saw a 60% increase in complaints related to financial aid scams.
The article is available at the CNN.com Web site.
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