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scholarship scams

A number of private companies offer to help students and their families with scholarship searches. Some of these companies are legitimate. Others aren't. A tip-off could be if the firm guarantees or promises scholarships or grants. If it does, says the Federal Trade Commission, stay away. No reputable firm can legitimately make such a claim.

Telltale lines that should make you think twice about using a particular company's services:


The Federal Trade Commission has established a comprehensive Web site as part of its Project Scholarscam. The site has lots of useful information about financial aid fraud generally — including how to file a complaint.

University of Vermont cautions students about scholarship searches – Direct mail marketing campaign mentions UVM without permission, charges fee.



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