Home > Financial Aid > College Scholarships > Scholarship Information > Protect Yourself From Scholarship Scams

Protect Yourself From Scholarship Scams

Unfortunately, many scholarship scams look and sound like legitimate scholarship opportunities at first. Individuals and organizations suspected of perpetuating scholarship scams are held accountable under the Scholarship Fraud Prevention Act of 2000 and convictions carry stiff financial penalties as well as jail time.

Even though scholarship scams are illegal, they are still very common. Scholarship scams are so widespread that the Federal trade Commission's website includes a page dedicated specifically to how to spot and report them www.ftc.gov/scholarshipscams.

To protect yourself, it is important to know how legitimate scholarship programs work. You will never have to pay a fee to apply for a legitimate scholarship, nor will a legitimate scholarship program request money to cover processing. There are no circumstances under which a scholarship provider will need your credit card or bank account information. Legitimate scholarship search services help you find scholarships for which you are eligible but they cannot take care of completing applications for you.

Warning Signs of Scholarship Scams

  • The organization guarantees you will win an award as a result of paying a fee
  • The organization sounds like a non-profit but has no traceable history
  • The organization claims it will “handle all your scholarship applications” for you
  • The organization requests banking or credit card information to “process your application”
  • The organization requires an entrance fee

Latest College & Financial Aid News

No Essay Scholarships 2017

January 19, 2017

by Susan Dutca

Not all scholarships are awarded to the best writers with the strongest essays. So whether you're too busy writing other essays for school or simply not the best at literary composition, there are scholarship providers that dole out funds for unique hobbies or skill sets; or even for simply entering a contest. Check out these no-essay (or essay-alternative) awards for a chance to fund [...]

Another Governor Pushing for Free College Tuition?

January 17, 2017

by Susan Dutca

Prospective Rhode Island college students may score two years of free college with Governor Gina M. Raimondo's $30 million plan, Rhode Island's Promise. Beginning with the class of 2017, the plan would foot full tuition bills and mandatory fees, according to Inside Higher Ed.

In an effort to "knock down the financial barriers to obtaining a college degree," Gov. Raimondo's proposed [...]

Modern College Culture: Sex, Booze & Entitlement?

January 10, 2017

by Susan Dutca

College is supposed to be the best four years of your life. Or as one sociology professor claims: "a big four-year orgy." Was college always this fun? History may indicate otherwise, and Lisa Wade highlights a "demographic shift" 300 years ago that changed the college campus landscape and made colleges bastions of sex, booze, and entitlement.

U.S. colleges during the colonial era [...]

Follow Us:

facebook twitter rss feed