College Scholarship Scams
 
College Scholarship Scams

Since so many people look around for college scholarships, many of them have become easy prey. Instead of helping them as they portray, some are nothing more than scams. They require a person to pay for the application or they attach a processing fee to it. You should never have to pay money to apply for money that is offered as a scholarship. If you find something like that in your search efforts you want to steer clear of it.

There are also companies that claim they will do all the searching for you. All you have to do is give them some basic information. Then they do all the leg work involved for you. This may sound like a worthwhile investment due to the amount of time it can take to find them on your own. However, such businesses are scams as well. They aren't going to provide you with the information you need to apply for great college scholarships. If you want the financial benefits you are going to have to do the hard work on your own.

A common scam is sending out award letters that you have won a college scholarship. However, it will tell you that there are fees and taxes that have to be paid on it in advance. For those new to the award process, the prospect of getting a $5,000 scholarships when they pay the $500 in fees is worth it. When it never materializes though is when they realize they have been scammed out of that $500 they had.

There should never be a request for social security numbers or credit card numbers when you fill out college scholarship applications. These requests should also be viewed as red flags that you aren't dealing with a reputable agency. You will find that most college scholarship scams are operated on the internet. Those behind them have less risk involved with being caught this way.

They often will use scholarship names that sound very close to real ones too. This way people are less likely to find out that they are a scam until it is too late. Most people that get scammed like this don't tell anyone. They are too ashamed and too embarrassed that they fell for it. Yet it is important to realize these con artists are very intelligent. They prey on the emotions of those looking for money for school. They use it to their advantage and never feel bad about what they have done.

If you have never heard of a college scholarship before that doesn't mean it is a scam. You should take your time though to explore more about it. How long has the entity that offers it been around? What are their goals and why do they offer money for schooling? If you can't find such information then you should avoid giving them any information that could be compromising for you.

While most college scholarships offered out there are legitimate you do need to be careful. If you are asked for money, a credit card number, or a social security number don't provide it. You will lose your money and you may be opening up the door for credit card fraud or identity theft to take place. Report any such findings about possible fraud to the proper authorities. The more that consumers are aware of them and report them the less they will be able to take advantage of innocent individuals that are only trying to find a way to pay for college.

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Articles
Academic Scholarships for those who have Excelled in School

Additional College Scholarships offered for Females in the Areas of Math and Science

Applying for Economic Scholarships based on need

Assessing your Chances of getting a College Scholarship

Being Prepared for the Information you Must Submit with College Scholarship Applications

College can be more Affordable when you Receive College Scholarships

College Scholarship Scams

College Scholarships Offered by Federal Entities

Common Mistakes that can Reduce your Chances of Winning College Scholarships

Exploring Sports Scholarships for College

How do I know if I should Apply for a College Scholarship or not?

How to Develop Powerful Letters of Recommendation for your College Scholarship Applications

Never Pay for Information on College Scholarships

Pay Close Attention to Deadlines when Applying for College Scholarships

Preparing for an Interview when it comes to College Scholarships

The Process of Searching for College Scholarships

There are College Scholarships out there for any type of Program you wish to Pursue

Tips to Applying for College Scholarships

Tips to Writing an Outstanding College Scholarship Essay

Types of College Scholarships

Understanding Renewable College Scholarships

Various Types of Ethnic College Scholarships you may be Eligible for

What Happens after I Submit a College Scholarship Application?

Where to find College Scholarships

Writing your Personal Narrative for College Scholarships

 

Disclaimer: The Publisher has strived to be as accurate and complete as possible in the creation of this website, notwithstanding the fact that he does not warrant or represent at any time that the contents within are accurate due to the rapidly changing nature of the Internet.

This site is a common sense guide to College Scholarship Scams. In practical advice websites, like anything else in life, there are no guarantees of income made. Readers are cautioned to reply on their own judgment about their individual circumstances to act accordingly.

This site is not intended for use as a source of legal, business, accounting or financial advice. All readers are advised to seek services of competent professionals in legal, business, accounting, and finance field.

Any perceived slights of specific people or organizations are unintentional.

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