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.
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by Kevin Ladd
Metallica, an extremely popular heavy metal band from the 80’s is recently enjoying new-found popularity and relevance with a new generation, thanks to the popular television show “Stranger Things”. Not only did they create the incredibly popular song “Enter Sandman” and “One”, they have also founded the Metallica Scholars Initiative. $100,000 in scholarships will be available for students studying in career programs through Metallica’s All Within My Hands Foundation (AWMH). [...]
November 22, 2022
by Zina Kumok
When it comes to financial aid, there are two types that tend to be seen as the most desirable: scholarships and grants. But while most people are familiar with scholarships, grants are less well understood. [...]
November 15, 2022
by Zina Kumok
With the fall semester almost ending, it’s a good time to apply for scholarships. Students can utilize their Thanksgiving break to apply for the scholarships listed below. Want more opportunities? They can also find a full list of November scholarships here. [...]