According to the Federal Trade Commission (FTC), the nation’s consumer protection agency, unscrupulous companies may guarantee or promise scholarships, grants or fantastic financial aid packages. Visit the https://consumer.ftc.govFederal Trade Commission’s website for more information on scholarships and financial aid scams.
Additional links:
https://studentaid.ed.gov/sa/types/scamsFederal Student Aid’s website has information on how to spot potential fraud, avoid paying for free services, and prevent identity theft. This site also has information on how to report fraud and scams.
https://professionals.collegeboard.com/guidance/financial-aid/scamsCollegeBoard.com’s website lists signs of common financial aid and scholarship scams in addition to information on how to report fraud and scams.
