What are some warning signs of possible scholarship scams?
Things to look out for when researching scholarships are companies that request an application fee, guaranteed winnings, money-back guarantees, requests for credit card numbers, Social Security number or bank account information, and/or call a 900 number for information, just to name a few. If you are not sure, contact the National Fraud Information Center (NFIC) at www.fraud.org or 800.876.7060, Federal Trade Commission (FTC) at www.ftc.gov/scholarshipscams or 877.FTC.HELP (382.4357) for further information.