Many students are still searching and applying for grants and scholarships to fund their college education. For students struggling to pay tuition, a sudden offer of a grant or scholarship can look like a dream come true. But it could be bait for a scam.
Scholarship scammers trick victims with the promise of money, but upfront “fees” never actually materialize into those much-needed funds. In a recent twist, these scammers claim to help with student loan forgiveness.
BBB recommends caution when dealing with companies that help find financial aid opportunities. Students and their families should be wary of websites, seminars, or other schemes that promise to find scholarships, grants, or financial aid packages for a fee. (Read More)
The Virginia SMP 