Free Scholarships Wiki

Differences

This shows you the differences between two versions of the page.

scholarship_scams [2011/02/22 20:27]
admin
scholarship_scams [2011/02/22 20:35] (current)
admin
Line 32: Line 32:
**Send Money**  If a scholarship check is sent but the award winner is asked to pay back money for any reason, be very wary. These scams may ask for taxes or some type of fee to be paid or they may tell the recipient that the amount sent was incorrect and ask the winner to send back the difference. If the scholarship “winner” sends money before waiting for the scholarship check to clear, they may lose that money. **Send Money**  If a scholarship check is sent but the award winner is asked to pay back money for any reason, be very wary. These scams may ask for taxes or some type of fee to be paid or they may tell the recipient that the amount sent was incorrect and ask the winner to send back the difference. If the scholarship “winner” sends money before waiting for the scholarship check to clear, they may lose that money.
-**Official-Sounding Names**  Look out for names of institutions that sound official or have a similar name to a real company, foundation or agency but don’t really provide scholarships. They may even be a real company or foundation but that doesn’t mean they are legitimate. If a scholarship sounds too good to be true or too easy to get, a high-school counselor or college financial aid office should be consulted. You can also see a list of the (very official sounding!) names of defendants in the FTS's Project Scholarship Scam at http://www.ftc.gov/bcp/edu/microsites/scholarship/cases.shtm+**Official-Sounding Names**  Look out for names of institutions that sound official or have a similar name to a real company, foundation or agency but don’t really provide scholarships. They may even be a real company or foundation but that doesn’t mean they are legitimate. If a scholarship sounds too good to be true or too easy to get, a high-school counselor or college financial aid office should be consulted. You can also see a list of the (very official sounding!) names of defendants on the FTS's  [[http://www.ftc.gov/bcp/edu/microsites/scholarship/cases.shtm|Project Scholarship Scam]] site.
**Unsolicited Scholarships**  Be very suspicious of unsolicited scholarship phone calls or letters. Never give personal information such as social security number, credit card or bank account numbers to anyone over the phone or on an application. **Unsolicited Scholarships**  Be very suspicious of unsolicited scholarship phone calls or letters. Never give personal information such as social security number, credit card or bank account numbers to anyone over the phone or on an application.
Line 38: Line 38:
**Too Good to Be True**  Services that use the phrases “Guaranteed Winnings”, “Money Back …”, “Everyone is Eligible”, “Unclaimed Money”, “We do all the Work”, “You can’t get this information anywhere else”, are clues that they are not legitimate. **Too Good to Be True**  Services that use the phrases “Guaranteed Winnings”, “Money Back …”, “Everyone is Eligible”, “Unclaimed Money”, “We do all the Work”, “You can’t get this information anywhere else”, are clues that they are not legitimate.
-Learn more, including how to file a complaint, at http://www.ftc.gov/scholarshipscams +Go to [[http://www.ftc.gov/scholarshipscams|Scholarship Scams]] to learn more, including how to file a complaint. 
 + 
scholarship_scams.txt · Last modified: 2011/02/22 20:35 by admin