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Tuesday, January 1, 2013
The Scholarship Scams
AS promised, here is the list of Scams for scholarships:
Here is the list of places I have personally fallen prey too, as well as some great websites on scams and what to watch out for.
What to know:
First: Large payment, small reward.
Second: Registering Fees for search engines
Third: A company applying for you for scholarships
The Federal Trade Commission offers these guidelines for how to avoid scholarship scams
•"The scholarship is guaranteed or your money back."
•"You can't get this information anywhere else."
•"I just need 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
Sources:
http://www.ftc.gov/bcp/edu/microsites/scholarship/index.shtml
http://www.scholarships.com/
http://www.fastweb.com/college-scholarships/articles/list?article_search%5Bkeyword%5D=scams&article_search%5Bcategory_id%5D=&article_search%5Border%5D=ranking
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