Wednesday, April 1, 2009

Scholarship Search Scams

The Federal Trade Commission's consumer alert on Scholarship Search Scams suggest looking for these six signs:

1. "This scholarship is guaranteed or your money back."

2. "You can't get this information anywhere else."

3. "May I have your credit card or bank account number to hold this scholarship for you>?"

4. "We'll do all the work."

5. "The scholarship will cost some money."

6. "You've been selectd by a 'national foundation' to receive a scholarship; (for just a small
handling fee we can send you a check)" or "You're the finalist in a scholarship contest, (the
handling fee will be...)" and you never entered that scholarship.



Please be super careful.

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