Beware of Scholarship Scams

Receiving a letter of acceptance from your desiredalso given rise to a more sinister development: the
college or university can be one of the mostscholarship scam.
exhilarating experiences in your life. But once the rushThe basic modus operandi for scholarship scams is to
of excitement wears off, reality begins to sink in andpromise students that they're guaranteed to win a
now you have to face the challenge of how you canscholarship award in exchange for a specific sum of
pay for the high tuition fees.money. Scammers will present themselves as
One of the most appealing sources for student aidlegitimate, believable companies with attractive offers
would be scholarships, since they don’t needthat the unwary can easily fall for.
to be repaid. But the high demand for scholarships has