Scholarship scams are a form of fraud that is more common than most people think. There are many different types of scholarship scams, but they all have one thing in common: they want to take your money and provide nothing in return. The best way to avoid being scammed is by recognizing the warning signs that you may be dealing with one. Below are some tips to help you.
1. If a scholarship provider is requesting routing and/or account number, don't apply for this scholarship opportunity.
2. If a scholarship provider, states you guaranteed to win, RUN FAST!!
3. Lastly, if a scholarship provider, wants to transfer funds to you, don't apply for this scholarship opportunity.
Are these tips helpful?
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