Need Money for
College? Doesn't everybody? Unfortunately, in their efforts to pay the
bills, many students and their families are falling prey to
scholarship scams.
The
FTC cautions students to look for
tell tale lines:
"The
scholarship is guaranteed or your money back."
"You
can't get this information anywhere else."
"I just
need your credit card or bank account number to hold this
scholarship."
"We'll
do all the work."
"The
scholarship will cost some money."
"You've
been selected by a 'national foundation' to receive a scholarship"
or "You're a finalist" in a contest you never entered.
