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For more information about scholarship scams please visit http://www.finaid.org/scholarships. or www.ftc.gov/bcp/conline/edcams/scholarship/.
Six "signs" you have a bogus scholarship search program.
The scholarship is guaranteed or your money back.
You can't get this information anywhere else.
May I have your credit card or bank account number to hold this scholarship.
We'll do all the work.
The scholarship will cost some money.
You've been selected by a national foundation to receive a scholarship, or "you're a finalist" - in a contest you never entered.
To report a scam to the Federal Trade Commission, contact www.ftc.gov or call the National Fraud Information Center at 1-800-876-7060.
Spotting Online Scholarship Scams
Fraudulent scholarships can take many forms: some of the most common types of scholarships scams include scholarship for profit and guaranteed scholarship search scams. The first type charges an application fee for scholarships that never materialize or are less than advertised or disburses less money in the scholarship than is received from application fees. The second type charges a fee to match student information against databases of scholarships and guarantees that the student will actually receive money.
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