Skip Navigation LinksHome > 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

Some High Schools Allow Students to Opt Out of Lunch for More Class Time

by Suada Kolovic

Today's high school students have to face some serious obstacles when applying to college. With ballooning numbers of applications and fierce competition, educators and college counselors have long sung the praises of AP courses to stand out but for those students looking for an even bigger leg up on the competition, some high schools are allowing students to skip lunch in order to take [...]

SOTW: A Voice for Animals Contest

by Suada Kolovic

The Humane Education Network is pleased to announce its Annual “A Voice for Animals Contest" high school contest with prizes totaling $6,000 across several categories including video, essay and blogs. This year the contest concentrates on active involvement in projects which strive to mitigate that suffering of animals. Only entrants in the 14-15 year old section of the competition [...]

CBS Announces Top 25 Colleges with the Best Professors

by Suada Kolovic

There are myriad reasons to attend a particular university - from prestige and academics to athletics and diversity. But if you're in search for the universities with the top rated professors, CBS Money Watch has created the ultimate list for you. To compile the list, CBS relied on data from the Center for College Affordability and Productivity, which referenced information from [...]

Follow Us:

facebook twitter rss feed