 |
When applying for scholarships, be aware of financial aid scams. Some organizations imitate different types of college providers, using government- or professional-sounding names. These scams usually ask for money, or ask applicants to attend seminars to learn more about their programs. Others say that applicants are guaranteed to win their scholarships, or claim an outrageous success rate, such as “everyone wins.” Obtaining a scholarship should not cost money, should not require applicants to attend a seminar, and can never be guaranteed. Also, be cautious if a program requests unusual personal information, such as a bank account, credit card or Social Security number, and does not offer a phone number or street address.
Learn more about financial aid scams from the Federal Trade Commission.
|
|
