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Scams - College Scams


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When the scams are so rampant how the education system can be spared from its malignant effects? Every year the scammers extort millions of dollars from people in the name of college admissions. One of the common ways to find free scholarship schemes is through available lists costing around $200. Many a time people do not find it satisfactory. While searching out for suitable scholarship, do not forget that you can meet frauds at any point.

A scholarship requiring you to pay an application fee even if the sum is meager shows clear indication of being a fraud. Almost all the legitimate scholarship sponsors do away with any up-front fees and in other cases deduct the fee from the reimbursement check. Besides, authentic scholarships do not guarantee awards and any scholarship claiming so is likely to be fake.

The kids have to put their own effort in qualifying for the scholarship so there is no use attending the high priced seminars. Students should keep a record of all the available information about a particular scholarship that they wish to go for. Restrain from giving out financial information on phone and make sure that scholarship provided is legitimate.

Illegitimate scholarship programs always try to plunge you into it quickly promising you guaranteed free money. Further, they state that you should utilize the millions of dollars lying in State funds purposely kept for students. You also get the money-back assurance from such organizations taking you into confidence that they will ease you from the necessary work required for attaining the scholarship. They make high promises, as they do not have to fulfill them. 

Taking strong measures to curb the mushrooming of such illegitimate programs the Federal Trade Commission passed shut down orders against many companies that asked for advance fee in return of scholarship. Providing right guidance through its publication "OUCH...Students Getting Stung Trying to Find $$$ for College", FTC expects to check such scams further.


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