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Tag >> scholarship scam

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

Probable scholarships scam

Published in studentscholarship scamscholarship by admin |


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give some money to these organizations if they want to avail their services. It can be helpful in many ways.

  • You need not to spend time searching for scholarships on internet or in library after hiring services of these institutions.
  • These organizations search most suitable scholarships to increase your chances of getting a scholarship.
  • Looking at the number of scholarships available for students it is useful to use services of these institutions.
  • Institutions charging money for their service takes utmost care that your scholarship application is submitted on time.
  • You can get even minor information regarding scholarship from these types of organizations.


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There are persons which work in the disguise of these organizations. They send lucrative mails to students regarding their selection for scholarship. If a student replies their mail then they ask some money or credit card number. These persons can even make a call to students. You should analyze some points before replying to these mails or phone calls.

  • How can one get selected for a scholarship without even applying for?
  • What is the use of giving money when free scholarships are available on internet?
  • Why is one asking for money when scholarship is already awarded?


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Students should cross check the website of those institutions, which ask for money for scholarships. If possible then you should visit their office to give payments. Giving credit number or paying electronically may mean that you have been fooled.

Searching for scholarships on internet is a wise decision. You can ask your fellow students about scholarships. Check out federal and state government agencies at municipal and village level. Visit their web sites to find out if there is any scholarship for you. Read the eligibility criteria of scholarships carefully and apply only for those scholarships, which you can qualify for. There is no restriction on applying for scholarships. Apply for as many scholarships as you can to ensure that you get one. Take care of spellings and grammar while filling a form. A student may require spending hours on searching and filing application for a scholarship. It is worth spending because the end result is free money for you.


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Most sought after scholarships

Students are well aware about some of the scholarships such as academic, athletic and departmental. These are provided by federal government. Apart from them, you can also get scholarships from large corporate houses, religious groups, unions, associations, individuals, employers etc. There are scholarships available for golf players, sporting shooters, nurses and accordion players. Students, whose forefathers were among one of the signers of the Declaration of Independence, can get $1,500 scholarships. Organizations adopt different criteria for awarding scholarships. Remember that each scholarship carries a dead line with it.

Scholarships provide you an opportunity to become a graduate without owing single penny to anyone. Many scholarships are claimed every year and an equal number of scholarships are still waiting to be claimed.


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[...]


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