The EDUFAX Educational FAQ

Question #165:

What are "scholarship scams" and how can I avoid them ?

Answer #165:

Most educators and financial aid officials believe that any business which charges money for finding scholarships is essentially a scam operation. The fee can be as small as $35 or as large as several thousands of dollars. These companies usually promise at least one scholarship, and may be unwilling to divulge records of past successes. It is almost a contradiction in terms to have to pay money to get a scholarship, so be wary. If you are interested in pursuing your own research, check out the EDUFAX Scholarships & Financial Aid Resource Page used by our clients: Books & Guides: Scholarships, Tuition, Financial Aid [discounted] Minority On-Line Information Service (MOLIS) [free] Free Application for Federal Student Aid (FAFSA) You can find these resources on the EDUFAX site. EDUFAX provides services for the Collegebound High School Student.

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