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Oct 22

Most prevalent scholarship scams

Published in studentsscholarshipsscholarship scamgovernment college scholarshipsgovernmenteducation scholarship programscollege students scholarshipscollege scholarship scamscollege academic scholarshipsathletic scholarshipsassociation by admin |


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for college scholarships but still million dollars college scholarships go unclaimed.

 

Popular college scholarships

Academic college scholarships: Students, who perform well throughout their education career, are eligible for academic scholarships. These are provided by government institutions.

Athletic college scholarships: Government supports sportspersons to go for higher studies with athletic scholarships. Of late artists and stage performers can also apply for these scholarships.

Departmental college scholarships: Various departments of a university provide departmental college scholarships to their existing as well probable students. Departments such as mathematics or physics department inspires students to take admission for studying a specific subject with departmental scholarships.

College scholarships by corporations: Various corporations give scholarships to those students, who agree to work for them after completing their studies.

College scholarships by religious groups: Followers of different religious groups can get scholarships for funding their college fees.

Individual college scholarships: Some kind hearted individuals sponsor scholarships for needy students.


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College scholarships by employer: Human resource department of various companies give college scholarships. Employees can consult their concerned department regarding scholarships.

Apart from these college scholarships, there are college scholarships for asthma patients, left handed students, farmers, bird watchers and more. It is only a myth that college scholarships are awarded to talented students. If you go through a book on college scholarships, you will find that there is scholarship for every student.


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Searching college scholarships

There are two types of college scholarships, paid and free, available in America . Internet has made it easy for students to search for both the scholarships. You can apply for college scholarships online too. Reading books on college scholarships written by prominent writers is also a useful tool to search for college scholarships. Students can also take help of college scholarships searching companies. These companies search college scholarships according to your eligibility. You have to pay spend some dollars to avail their services. Start searching from you local area.


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Applying for college scholarships

Each sponsor has its own set of guidelines for awarding scholarships. Students should apply for those college scholarships, which suits to their qualification. It is wise to apply for several college scholarships. You can ensure at least one scholarship by adopting

Scholarship scams need a careful attention from federal government of USA . However it has chalked out a strategy to spread awareness among the people to beware of fraudulent companies but it has achieved a little or no success.

Obvious scholarship scams

  • Fraudulent organizations robbing students of their money operate as a company providing scholarship search services. They charge fees for their services, which are never provided.
  • Some fake scholarship sponsors levy an application fee for filing application. Thousands of hopeful students submit millions dollars while applying for the scholarship. These organizations either give nothing or minimal amount in scholarships.
  • Organizations asking for credit card or account number of students have the intention to go further from collecting merely application fees. Such organizations can take loans on your name or they can draw the entire money deposited in your bank account.

Steps from federal government

In 2000, the federal government came out with a draft proposal to take strict measures against those involved in scholarship scams. Looking at the gravity of the situation federal government passed the College Scholarship Fraud Prevention Act 2000. Salient features of this act are as follows.


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  • Federal government decided to make students more aware about probable student scams.
  • The onus of spreading awareness among students is on the U.S. Department of Education (ED) and the Federal Trade Commission (FTC).
  • Federal Trade Commission (FTC) has launched a campaign to prosecute fraudulent organization with its Project $cholar$cam poster and bookmark. It provides posters and bookmarks containing tips to avoid scholarship scams to students.
  • U.S. Department of Education (ED) periodically updates its publication on its web page to make students more aware about scholarship scams.

On the other hand, Better Business Bureau observed that the students are easily caught in the net of fake scholarship sponsors. They not only rob students of their money but waste their precious time too. It issued a statement entitled "Scholarship Services: Are They All Scams?" in the year 2003 to help students. Better Business Bureau has published a list of precautionary measures for students, who are seeking scholarships.

Efforts from students

Scholarship scams cannot be stopped without student’s helps. Unless students stop entertaining fraudulent organizations, it is near to impossible to check fraudulent organizations.


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  • Students should keep a record of all the scholarship applications. If they get a mail regarding winning a scholarship then cross check whether you have applied for that scholarship or not.
  • Scholarships are available for free. It is not a wise decision to apply for paid scholarships when there are numerous free scholarships available on internet.
  • Never fall prey to advertisements such as guaranteed scholarship or money back. Remember scholarships are awarded and a student wins it by virtue.
  • Every scholarship has a deadline. You should file your application before the deadline expires. Apply for scholarships according to your eligibility.
  • There are many scholarships, which go unclaimed. You must try to search for those scholarships. Paying to an organization to get unclaimed scholarships can be fatal for your financial health.


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These are some of the measures students can take to avoid scholarship scams. The measures federal government and students take are precautionary in measure. Basic thing, which forces students to take risk, is the rising cost of higher study. Federal government must try to stop this cost from rising further if it is serious to stop scholarship scams.

this strategy. Apply for college scholarships, which are provided at state or village level. You will face least competition for college scholarships at local level.

 

College scholarships scams

Beware of those companies indulging in scholarships scams. These companies will pursue you to give them money in order to get scholarships. Thousands of cases are registered every year in Federal Commission and United States Department of Education regarding scholarship scams. The two mentioned departments are authorized by an act of federal government to prosecute fraudsters. The best way to avoid scholarship scams is to apply only for free scholarships. Always remember that scholarships are awarded not purchased. If you are paying some money to purchase a scholarship for you then it is certain that you will be fooled.


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Search for $1.3 Billion of Scholarships at Fastweb Now! Click Here!

Oct 19

Students, scholarships and scams

Published in studentsstudentscholarshipsscholarship scamscholarshipgovernmentassociation by admin |


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ways to locate a scholarship. One can use search engines on internet, reading printed material in public library is another useful resource. Students can visit the office of probable scholarship sponsor for more information. In this exercise, you will meet some genuine and some fraudulent scholarship sponsors.

According to an estimate by Federal Trade Commission fraudulent trade practices have caused $22 million to 175,000 students. Taking note of the rising scholarship scams, Federal government passed the College Scholarship Fraud Prevention Act in year 2000. Under this act, US Department of Education (ED) and Federal Trade Commission (FTC) set up public awareness centers. FTC is continuing to prosecute the companies involve in scholarship scams.

Following are the names of companies listed as defendants on FTC web site:

  1. Career Assistance Planning, Inc.
  2. College Assistance Services, Inc.
  3. Deco Consulting Services, Inc.
  4. National Grant Foundation, Inc.
  5. National Scholarship Foundation, Inc.
  6. Christopher ebere nwaigwe and udoka maduka
  7. Student Assistance Services, Inc., formerly known as Student Financial Services, Inc.
  8. Student Aid Incorporated


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According to FTC unscrupulous companies guarantee scholarships to needy students. They use high pressure tactics such as buy now or risk losing out on the opportunity, we guarantee you will get it, I have got aid for you; give me your credit card or bank account number and millions of dollars in aid go unclaimed every year; do not you want some of that money to lure students. Most of the companies will give you a money back guarantee if you do not get the scholarship. These companies ask for upfront payment for their services.


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Criminals gain access to personal data of students to obtain credit cards, personal loan etc. FTC warns students against these companies. Scholarships are announced at their due dates. They carry a deadline. You cannot apply for a scholarship after the deadline is over. If you get such mails or phone calls then do not give answer to them. Giving your credit card number can be suicidal for anyone. Every year US Department of Education receives numerous complaints regarding scholarship scams.

Students must learn the ways to avoid scholarship scams. If you confront such company then check their reputation through Better Business Bureau, school guidance counselor or a state attorney general office.


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Students can ask some questions to establish the legitimacy of a company:

  • You can ask them to tell you names of your local area residents, who have used their services.
  • Ask for the data of students, who have got scholarships through them.
  • Find out truth of their refund policy.

Students have to be careful if they do not want to get robbed before they get anything. Scholarships are granted free of cost. You need not to spend a penny for getting scholarships. It is the money provided as charity to needy students. Always visit official web site of the scholarship sponsor company. If you have any doubts then visit their office personally for more information.


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[...]


Oct 17

The role NSPA plays in providing scholarships

Published in studentscholarshipassociation by admin |


$10,000 Given Away on the 15th of every month from FCS.com! Enter Now!

in scholarships. In 1999, several private institutions, public charities, universities and colleges formed the National Scholarship Providers Association (NSPA).

It is formed to look after that each deserving student gets a scholarship. National Scholarship Providers Association works as a forum to make policies for providing scholarships. Organizations, which give scholarships, can exchange their policy information and best practices through NSPA. Each year NSPA awards scholarships to the tune of $450,000,000 among 200,000 students.

Scholarships in America


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  • Academic scholarship is provided by schools to those students with good academic record.
  • Students with interest in sports can get athletic scholarship to fund their higher studies. Of late this scholarship is also provided to artists and stage performers.
  • Departments in a university give scholarship to students, who enroll in their departments. Departmental scholarships help particular departments to attract talented students.
  • Talented students can get scholarships from large corporations if they agree to work for them after completing their studies. In this way they get a job guarantee with scholarship.
  • Underprivileged members of a religious group can get scholarship from their respective group.
  • There are unions and associations in United States , which award scholarships to its members or their children.
  • Many companies provide scholarships to their employees in completing their studies.
  • If you are a golf player then there are chances that you can get golf caddie scholarship from a university or golf club.
  • Descendents of the signers of the Declaration of Independence are awarded scholarships to the tune of $1,500.


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There are numerous scholarship announced in America . You will astonished to know that a number of scholarships go unclaimed every year because no one know about them. Students strive to borrow student loan at low network rates but they do not bother to search for scholarships. If you search honestly then you can even find out individuals, which give scholarships to the needy students. One can search for scholarships on internet. You can read books written on scholarships in library. Your school financial aid center can also help you in finding right scholarship for you. There are various ways to find a scholarship. One can get as many scholarships as he can.


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Selecting a scholarship

Students should apply for only those scholarships, for which they are eligible. It will save their time and efforts too. You should apply for as many scholarships as you can. It will guarantee you at least a scholarship. Students should search for scholarships in their area first. Applying for local scholarships is always beneficial as you face less competition there. Utmost care must be taken while filling scholarship forms. You should respect the deadlines and fill the form appropriately. Although scholarships are provided for free but there are organizations that charge meager money as application fees for scholarships. You must be careful while dealing with such institutions as they may defraud you.


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[...]


 
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