University of Vermont

Student Support Services

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AVOID SCHOLARSHIP SCAMS

When applying for scholarships, it's important to watch out for scholarship scams that will trick you out of your money. Watch out for these red flags:

The scholarship is guaranteed! No scholarship is ever guaranteed: this is a bait line used to draw in unsuspecting students.

You can't get this information anywhere else. Most scholarships WANT people to know about their opportunities and advertise information freely.

I just need your credit card or bank account number to hold this scholarship. A legitimate scholarship source will not ask you for this information. NEVER give out your credit card or bank information, and NEVER pay money for a scholarship.

We'll do all the work. Sounds too good to be true? Then it probably is. The truth is if you want the money for college, then you have to apply for it.

The scholarship will cost some money. Scholarships are free money. Again, NEVER PAY MONEY FOR A SCHOLARSHIP!

You've been selected by a 'national foundation' to receive a scholarship OR
You're a finalist" in a contest you never entered. Sounds too good to be true, doesn't it? Out of the millions of students in the United States, somehow this company decided to give you free money for school. Sorry, simply not true.

We just need your address, date of birth and social security number… Typically, when you are applying for a scholarship, you should not be asked any of this information before you have been awarded a scholarship.

If you are not sure, check with your mentor in the SSS program. They can help you figure out if it is a legitimate scholarship opportunity.

For more information about scholarship scams and how to avoid them, visit the following web page:
http://www.finaid.org/scholarships/protecting.phtml

Last modified November 18 2011 09:42 AM

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