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Some kids are trying there hardest to get in to some tough colleges. But they’re later finding out that the scholarships they signed up for are not legal. So be careful. Some of the warning signs to look for are: Requests for your credit card or bank account, a “money back guarantee.” These are scams! A scammer might state that you won an award for which you haven’t applied. They might even guarantee that you will win an award. If there is a title of “We have a 96% success rate”. These are false success rates. That is the percentage of students they’ve successfully matched with the database, NOT the number of students who actually receive money. Most of the students that sign up for scholarships on the Internet end up falling into a trap. If you’re looking for a scholarship that is legal, check out these websites: www.CollegeNet.com, www.FastWeb.com, www.collegescholarships.com.
Suspect a scam? Here are some great tips: Save all the forms. Save dated paperwork and keep copies of written details about the offer and any connections with e-mails. Record dates and time of any phone calls or seminar and take notes. Report the scammer to any one of these organizations: National Fraud Information Center (NFIC)
Ph: 800-876-07060 Web: www.fraud.org Better Business Bureau (BBB) Ph: 703-267-0100 Web: www.bbb.org Federal Trade Commission (FTC) Ph: 877-FTC-HELP (1-877-382-4357) Web: www.ftc.gov |
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