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Oct 30

Myths, truths and scams of scholarship grants

Published in scholarshipsscholarship scamscholarship grant scamsscholarship applicationsonline degree scholarshipsfree college grantsfree college grant moneyeducation scholarship programsdegree scholarship programscollege student scholarships by admin |


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go unclaimed every year. Scholarship grants are being awarded to worthy students since many years but students are still confused about their eligibilities.

 

Myths about scholarship grants

  • The idea that scholarship grants are available only for talented students discourages average students to apply for scholarship grants. Although many scholarship grants have something to do with the academic background of students but it is not true about all scholarship grants. You can still get scholarship grants with average academic performance.
  • Some students think that scholarship grants are awarded to support underprivileged students. It is half truth. Religious and social associations give scholarship grants to their underprivileged members. If you are associated with such associations then there are chances that you can get scholarship grants.
  • Most students have misconception that one cannot apply for multiple scholarship grants. The truth is that you can apply for as many scholarship grants as you can.


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Searching for scholarship grants

It can be a daunting task for students because it involves a deep research. Usually scholarship grants are not advertised in media. You have to trace them using the resourced at hand. Internet provides you a reliable platform to search for scholarship grants. There are books written by eminent writers on scholarship grants. You can ask questions regarding scholarship grants to your high school counselor.

Apart from all these resources there are companies, which help you to search, select and apply for various scholarship grants. They charge fees for offering their services. Search for scholarships in your local area. You will face mild competition in local scholarships rather than national.


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Common scams of scholarship grants

Fraudsters accumulate large sum of money from students by assuring them of scholarship grants. They claim to refund the money deposited if scholarship grants are not awarded to them. Students get information regarding scholarship grants awarded to them through Email and phone calls. The person sitting on other side of computer informs students that scholarship grants will be awarded on depositing some money. The students, who act accordingly, loose their money.


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However federal government has passed the College Scholarship Fraud Prevention Act in 2000 but it largely depends on students to check scams in scholarship grants. Students should not respond lucrative mails or phone calls. You should apply for free scholarship grants. Do not spend money because scholarship grants are awarded not purchased. Contact the Better Business Bureau, school guidance counselor or state attorney general office in case you want to apply for paid scholarship grants.

Applying for scholarship grants

A student cannot be eligible for all the scholarship grants available. Therefore it is wise to make a list of scholarships according to your eligibility. It will narrow down your search for scholarships. Fill scholarship forms as per guidelines. Try to submit scholarship grants application forms before the deadline. Be precise while describing your achievements, academic qualifications and other strengths on application forms.

 


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[...]


Oct 22

Helpless College Scholarship Fraud Prevention Act

Published in studentsscholarshipsscholarship scamprivategovernment by admin |


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The College Scholarship Fraud Prevention Act

  • With this act federal government showed its intention to make people aware about the scholarship scams, the methods used by fraudulent organizations to do scholarship scams and the ways to avoid these scams.
  • United States Department of Education (ED) and the Federal Trade Commission (FTC) were empowered to spread awareness among the mass.
  • ED and FTC were given more teeth to prosecute those companies which are indulged in scholarship scam activities.
  • FTC is continuing with its effort to prosecute the fraudulent companies. It has launched a project called Project $cholar$cam poster and bookmark.
  • FTC has printed posters and bookmarks to spread awareness against scholarship scams among students. These posters and bookmarks are distributed among the students.


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Many awareness programs are being run by the government and non-profit agencies but still students get robbed. Following may be the reasons to why students get trapped in the hands of fraudulent scholarship sponsors.

  1. The sky rocketing price of higher studies and interest rate charged on student loans has compelled financially weak students to take shelter under scholarship providing companies. Needy students do everything to get scholarships so that they can fulfill their dream of higher studies.
  2. There are numerous scholarships awarded each year in America . Each scholarship carries a deadline for filing application. Students have to search, select and apply for scholarships in a fix time frame. Fraudulent sponsors lure students of assured scholarships if they are willing to spend some dollars.
  3. Many scholarships go unclaimed every year because students do not know about them. There are students, who can spend dollars to get these scholarships. Fraudulent sponsors take advantage of this scenario.


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The only way is to escape from being robbed at the hands of fraudulent scholarship sponsors is to have patience. Students should begin their search for scholarships as early as possible. Internet provides you the best to way to search for scholarships. It is wise to start searching for scholarships from local level. Always visit the official website if you are searching for a government sponsored scholarship. You can read books on scholarships in a library. Students, who have already got a scholarship, can tell you much better about where to search for scholarships. Students can take help of such organizations, which help in searching and applying for scholarships. These organizations take fees to give services. There is no harm to take their services but you must assure that they are not frauds. Remember, the organization that guarantees a scholarship is a fraud.

Each scholarship has different eligibilities and you cannot be eligible for everyone. Apply for only those scholarships, you can qualify for. It will save your money and time. Search for free scholarships before taking any help. There is abundance of free scholarships on internet. Always keep a photocopy of applied scholarship forms. Whenever you receive a mail that you have qualified for a scholarship, you can cross check whether you have applied for that scholarship or not.


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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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