Watch out those scholarship and better student loan scam
By kingparker
@kingparker (9673)
United States
October 17, 2011 3:47pm CST
When my cousin was looking for a better scholarship, and student loan option, there is a scam pops up in his mail, which he share with us, and ask our opinion about it. I think that is total scam, because they will ask for a one time fee of $1200, which they claim to guarantee my cousin will qualify for a scholarship which will pay at least half of his tuition expenses; plus a low interest rate student loan that help the rest. With the rising cost of college expenses, those "Sweet deal" scam can be seen anywhere, but do not fall for it. I would suggest if you are searching for a good scholarship kind of deal, go on to fastweb, they will guide to find a good scholarship of your choice.
2 responses
@tawny_24 (341)
• United States
18 Oct 11
I've been searching for scholar ships both in high school and college. The reliable way to find money is to look for foundations and go to thier websites to find out what kind of students they award scholarships to if any. Also government websites will list different organizations that may offer scholarships. I wouldn't go any where for a loan that wasn't a bank.
@stephcjh (38473)
• United States
17 Oct 11
I know what you mean. There seems to be all kinds of scams these days.