With students heading back to college, the Better Business Bureau says scammers are using the college scholarship scam to rip-off students. The BBB estimates 350,000 students and parents are victimized by scholarship scams each year, at a cost of over $5 million.
Many students fall for the sales pitches of a phony organization that require an upfront fee to secure scholarships. They state that they will guarantee free money or they will refund the fee. Their guarantee is bogus. If you want to know why, please contact our office. Never, ever pay a fee for a scholarship service. In addition, we have tracked over the last 25 years the best free web-based scholarship sources available. You may contact us here to learn more.