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Scholarship Scams
Students and parents should be aware that scholarship
scams exist. Warning
signs of possible scams include:
You are required
to pay a fee.
There is
a statement about a “money-back guarantee” or “guarantees” you
will win an award.
You are asked
to give personal financial information (such as credit card and bank
account numbers) to “verify” or “hold” scholarships.
You receive
notification you won an award for which you didn’t apply.
There is no valid contract information provided.
There are
claims that the scholarship organization has a unique database.
There are
statements that the scholarship organization, “will do all the work.”
Legitimate scholarships will:
Send information
about scholarships when you request it.
Provide contract
information upon request.
Does not guarantee you will win the award.
Will not
direct you to make a payment. |
