Scholarship Scams

Be careful when searching for information on student financial assistance. Make sure information and offers are legitimate. Don’t fall prey to fraud. Estimates show that families lose millions of dollars to scholarship fraud every year. There are several College Scholarship forums out there you might want to take a look at.

The College Scholarship Fraud Prevention Act enhances protection against fraud in
student financial assistance. The Federal Trade Commission (FTC) cautions students to look for these telltale 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.
• The scholarship will cost some money, but you can't afford not to do this.
• You’ve been selected by a ‘national foundation’ to receive a scholarship or “You’re a finalist” in a contest you never entered.

To file a complaint, or for free information, call 1-877-FTC-HELP (1-877-382-4357) or visit www.ftc.gov/scholarshipscams

Helpful Article on Scholarships for Women

Finding Scholarships for Women

Getting an education is one of the most important things you can do, and knowing what scholarships for women are available can help you greatly. There are many types of scholarships for women out there and having just the basics can make all the difference in the world. There are Scholarships for women that are over a certain age, a certain ethnicity, to disability, and even which degree you are going for.

There are certain requirements for each of the scholarships for women as well, and some may consider these hard to agree to at the time. You have to consider whether or not you can meet their requirements or if a student loan is more for you.

When comparing a student loan over scholarships for women, they both have their good points and their bad points. Such as will scholarships for women you have the required agreements that must be met at all times. Though with a loan you are borrowing the money and can set your school time to fit your schedule. Another comparison is that there are more types of loans than there are scholarships for women. Each school has scholarships for women and loans program but the state and federal governments also has loans, and even your local bank will have some form of loan as well.

You can find that scholarships for women also apply to only certain areas of the country depending on your choice of degree. This can be quite a difficult problem when you think about it. Do you want your scholarship for women to determine where you are going to be living or working for the next few years? Having a student loan once again gives you more freedom.