Fraudulent Scholarships

Unfortunately in recent years more people want to take advantage of students and their parents, creating fraudulent organizations and the only thing they look for is taking money away from students. Usually these unscrupulous people create their business with words such as "Foundation", "Federal", "National",etc.

If you find any sponsor or company that asks you to give money to offer more information on the scholarship to which you are applying, the best is to look anywhere else and avoid contact with that organization. Under no circumstances any organization that awards scholarships to applicants may ask for some amount of money or the credit card number.
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 Here's how to identify a scam before falling on it, be careful and read carefully:

Common Scholarship frauds:

  • Many scammers ask students and their families to deposit a certain amount of money first, but never receive anything in return, and the affected family only think they did not win the scholarship but in fact the student was never a candidate.

  • There are some businesses that actually seem to organizations that provide scholarships, the detail is in the application form, this business can get 1000 applicants and charge each between 5 and 35 dollars, the scholarship is awarded only $1000, even so the business scammer obtain a profit, but the scholarship does not help much to the student, plus the chances of winning are minimal.

  • Another scam involves offering students a very good scholarship, but first asked to pay a fee, once the payment is done, the grant never comes at the hands of the applicant. The organizations that really offer scholarships never ask for payment of any fee, be careful.

  • Another type of scam sends to the student a notice saying he/she has won a scholarship valued at thousands of dollars and to receive the award must first pay a disbursement or the equivalent of taxes. If you have not sent any application form to that organization then probably is a scam.

  • Some insurance companies offer seminars, free financial counseling and financial aid, but their goal is to sell any product or insurance, this type of business violates federal laws.

How to report Scams:

  • If you suspect of a scholarship program or if you've had an unpleasant experience with some, then contact with the person in charge of the financial aid office of the university and submit all the information you have about this program and submit your complaint. They will tell you if you are right.

  • To report a fraudulent scholarship program, you must file a formal complaint to one of the organizations listed below, providing all the possible information, such as names, addresses, phone numbers, emails, documents and everything you can offer.

  • Furthermore, if you have some notes of a telephone conversation, or better yet, if you have any taped phone conversation, bring it with you when making the complaint.

Where to go to report a scam?

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