1. "This scholarship is guaranteed or your money back."
No one can guarantee that they will get you a grant or scholarship. Refund guarantees often have conditions or strings attached. Get refund policies in writing -- before you pay.
2. "You can't get this information anywhere else."
There are many free lists of scholarships available. Check with your school or library before you decide to pay someone to do the work for you.
3. "May I have your bank account or credit card number to hold this scholarship?"
Don't give our your credit card or bank account number on the phone without getting information in writing first. It may be a set-up for an unauthorized withdrawal from your account.
4. "We'll do all the work."
Don't be fooled. There is no way around it. You must apply for scholarships or grants yourself.
5. "The scholarship will cost some money."
Don't pay anyone who claims to be "holding" a scholarship or grant for you. Free money should not cost a thing.
6. "You've been selected by a 'national foundation' to receive a scholarship" or "You're a finalist in a contest" (that you never entered).
Before you send money to apply for a scholarship, check it out. Make sure the foundation or program is legitimate.
Need money for college? Check with your school guidance counselor or local librarian for free information about current scholarships before you pay someone for the same or similar scholarship lists.
For more information about planning and paying for college, visit the Sallie Mae Website. Sallie Mae is a financial services corporation that specializes in funding student loans.
For more information on finding out how to spot, stop, and report a scholarship scam, contact the Federal Trade Commission at P. O. Box 996, Washington, DC 20580, call 1 (800) 876-7060, or access http://www.ftc.gov.