According to the Federal Trade Commission…

There are “unscrupulous companies that guarantee or promise
scholarships, grants or fantastic financial aid packages”.

Many use high pressure sales pitches at seminars where students
are required to pay immediately or risk losing out on the “opportunity.”

The FTC cautions students to look and listen for these tell-tale 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.”

- “We’ll do all the work.”
- “The scholarship will cost some money.”
- “You’ve been selected” by a “national foundation” to receive a scholarship”
- “You’re a finalist” in a contest you never entered.

If you hear any of those pitches - WATCH OUT!
I have found a website “The FindTuition website” which is “Built on Trust”.
They doesn’t guarantee that any student will be awarded a scholarship.
Scholarship awards are granted based on the eligibility requirements
established by each individual scholarship sponsor.

FindTuition offers the largest database of scholarships available on the internet.
By using technology and superior search engines they can match scholarships
with students. But it is the student’s job to win the award.

In order to win a scholarship award, you have to understand how the
scholarship committee thinks and what they base their decisions on.

Gain the favor of scholarship committees…Win More Scholarships!
http://ScholarshipMoneyInformation.com

This entry was posted on Tuesday, August 14th, 2007 at 6:44 pm and is filed under Financial Aid, Scholarships. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.