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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.
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