Scholorship for Students – Is it a Scam?
The best thing about scholorships for students is that unlike student loans, you do not have to repay them. They are also a better option compared to company grants as you are not required to work for them in order to maintain the subsidy.
Ever since scholorships for students have become popular with low-income families, scammers were able to plot yet another vicious modus operandi. Most of these con artists are posing as financial aid consultants who promise to match you up with a scholarship sponsor that guarantees free college education.
If you found a website or a group of person that offers to perform the whole application process for a fee, you are surely in for a scam.
Scammers would usually tell you that application process for student scholarships is difficult when in fact, it is otherwise. It is relatively simple and if you will ever need any assistance, you can always ask your high school guidance counselor to help you for free.
Always remember that scholorships for students are supposed to be free, you should not pay anything for it.
Most of these so-called financial aid consultants would guarantee you a scholarship. Scholarship grants are awarded to qualified students. It means that no other entity can guarantee approval. If they will ever tell you that their services cover the whole application process, then you are most probably being scammed.
Scholorships for students should be applied for by yourself. Besides, it cannot be true that they are going to handle everything because you are the only person who can claim your documents and certifications from your school registrar.
Aside from that, applications usually include personal interviews. It means that you have to be there all throughout the process.
At this point, all you need to find out is whether or not the scholarship foundation is legitimate. This is easy because all accredited foundations and private institutions are listed in a government database which is accessible to the public for free.