Education Information
Posts tagged Scams
Scholarship Scams
027 days
by lionjkt1
in Scholarships
Many legitimate companies advertise that they can get students access to lists of scholarships in exchange for an advance fee that ranges from $ 10 to $ 400. Others charge an advance fee to compare a student’s profile with a database of scholarship opportunities and provide a list of awards for which the student may qualify. They don’t guarantee or promise scholarships or grants.
Some scholarship search services do misrepresent their services, guaranteeing that they can obtain scholarships on behalf of students or actually award scholarships to students for an advance fee. In these cases, consumers receive only a list of scholarships or grants for which they can apply. Usually, all consumers receive the same list, regardless of their qualifications. The search companies that offer a “money back guarantee” usually require students to apply for each scholarship or grant they have listed and then offer proof that they’ve been denied by each one.
Other fraudulent companies provide nothing for the student’s advance fee — not even a list of sources. Still others tell students they’ve been selected as “finalists” for awards that require fees first. These scams usually ask for the student’s checking account to “confirm eligibility for an award,” and then debit the account for large fees.
Beware of Scholarship Scams ! – Common Scholarship Scams
0621 days
by lionjkt1
in Scholarships
Many scholarship-finding services will tell you that “millions of dollars in private scholarship money goes unused every year” and they can guarantee that you will get this money by using their service and most of time there is up front fee incur. BEWARE! It might be scholarship scam’s trap. In general, if you have to pay money to get money, it’s probably a scam.
Every year thousand of students and parents are defrauded by scholarship scams. And many of them even unaware that they had dropped into the trap of scholarship scams, the victims usually write off the money paid up front to the scams as thinking they just simply didn’t win the scholarship.
Let review some of common scholarship scams so that your will be alerted and precaution about the suspicious scholarship offers.
Common Scholarship Scams
According to the Federal Trade Commission’s Scholarship Scams, if you receive an offer that uses one of these tactics, be suspicious:
The scholarship is guaranteed or your money back
Beware of scholarship-finding services that guarantee you will win a scholarship or your money will be refunded. If it is a scam, you will find it extremely difficult to qualify for refund, because this refund guaranteed often have terms & condition attached. Get and review refund policies before you pay.
Discover How Online Scholarship Scams Cheat your Money
0676 days
by lionjkt1
in Scholarships
Most students who are planning to go to college will try to win a scholarship to fund their study. There are so many students are competing to win those scholarship dollars, scholarship scams have become a booming business. These fraudulent programs do their best to imitate legitimate scholarship programs sponsored by government agencies, charitable foundations, and corporations and try to take money from their victims without giving away any free money. Here are some common techniques used by online scholarship scams to take money from you; get yourself alert and avoid these common online scholarship scams.
Common Online Scholarship Scams Most scholarships scams will try to request money during the application process. You will usually ask to pay for all kinds of fees during the scholarship application process. The scholarship sponsors may charge what they call an application fee, entrance fee, reading fee, judging fee, or administrative fee. You may also ask to pay a processing or handling fee just to receive a copy of scholarship application form or to request more details information about the scholarship.
