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Message: <blockquote data-quote="AtulaSiriwardane" data-source="post: 4068693" data-attributes="member: 120286">[FONT=ARIAL, HELVETICA]Scholarship Scams[/FONT]         [FONT=ARIAL, HELVETICA]          If you have to pay money to get money, it's probably a scam. [/FONT] [FONT=ARIAL, HELVETICA]Every year, several hundred thousand students and parents are defrauded by scholarship scams. The victims of these scams lose more than $100 million annually. Scam operations often imitate legitimate government agencies, grant-giving foundations, education lenders and scholarship matching services, using official-sounding names containing words like "National," "Federal," "Foundation," or "Administration." [/FONT] [FONT=ARIAL, HELVETICA]This section provides advice on how to identify such scholarship scams, how to distinguish between legitimate and fraudulent organizations, how to protect yourself from scholarship scams; and what to do if you are scammed. [/FONT] [FONT=ARIAL, HELVETICA]In general, be wary of scholarships with an application fee, scholarship matching services who guarantee success, advance-fee loan scams and sales pitches disguised as financial aid "seminars". [/FONT] <ul> <li data-xf-list-type="ul">[FONT=ARIAL, HELVETICA] [*] <a href="http://www.finaid.org/scholarships/common.phtml" target="_blank">Common Scholarship Scams</a> [*] <a href="http://www.finaid.org/scholarships/protecting.phtml" target="_blank">Protecting Yourself from Scholarship Scams</a> [*] <a href="http://www.finaid.org/scholarships/matching.phtml" target="_blank">Evaluating Scholarship Matching Services</a> [*] <a href="http://www.finaid.org/scholarships/consultants.phtml" target="_blank">Evaluating Financial Aid Consultants</a> [*] <a href="http://www.finaid.org/scholarships/reporting.phtml" target="_blank">How to Report Scams</a> [*] <a href="http://www.finaid.org/scholarships/education.phtml" target="_blank">Consumer Education Materials</a> [*] <a href="http://www.finaid.org/scholarships/investigating.phtml" target="_blank">How to Investigate Suspicious Offers</a> [*] <a href="http://www.finaid.org/scholarships/fraudact.phtml" target="_blank">The College Scholarship Fraud Prevention Act of 2000</a>[/FONT]</li> </ul></blockquote>

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