How to Protect Yourself from College Scholarships and Grants Scams

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In the recent time, there are some college scholarships and grants program that look genuine but are scams. These types of scholarships and grants look and sound genuine at the initial stage, but in the long run they are scams. However, as an individual or organization involving in scholarship and grants scams, you are held liable under the Scholarship Fraud Prevention Act of 2000. The conviction of this offence attracts a jail term and other severe measures. This write up will identify some ways by which you can protect yourself from scholarships and grants scams.

For you to avoid and protect yourself, you must first of all be able to know how those scholarships and grants programs work. This should bring you to the question of "Do I need to pay for the processing of my application?" The answer is a capital "NO" as there is no occasion where an applicant will be requested to pay for processing in a genuine college scholarships and grants application.

On the other hands, genuine program providers will never ask you of your bank account and credit card information. What these providers are after is to help you search for college scholarships and grants that you are qualified for. However, you will complete your application by yourself.

To protect yourself from scams therefore, ignore those programs that specifies that you should pay a certain sum of money or have a column in their application form that specify that you should give details of your bank account or credit card information.

Other ways by which you can protect yourself from college scholarship and grants scams include the fact that you must avoid as much as possible those providers or organizations that guarantees you an award after paying a certain amount of fee.

If a company or organization sounds like a non profit one and such organization is not a popular one or doesn't have a tract record and such organization offer a college scholarships and grants program, believe that such program is a scam without doubt.

College scholarships and grants are very good if you go through the right channel. It will be an unfortunate thing if one should fall in the hands of the scams. Therefore, know how the college scholarships and grants program of choice works, ignore any program that demand for your credit card and bank accounts details, shun organization that guarantee you an award after paying some money and those organization without traceable history.

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