According
to the Federal Trade Commission, there are unscrupulous companies
that guarantee or promise scholarships, grants or fantastic
financial aid packages. Many use high pressure sales pitches
at seminars where students are required to pay immediately
or risk losing out on the "opportunity."
The FTC cautions students to
look and listen for these tell-tale lines:
- "The scholarship is guaranteed or
your money back."
- "You can't get this information anywhere
else."
- "I just need your credit card or
bank account number to hold this scholarship."
- "We'll do all the work."
- "The scholarship will cost some money."
- "You've been selected" by a "national
foundation" to receive a scholarship - or
- "You're a finalist" in a contest
you never entered.
The Directory of Schools
website is "Built on Trust" and doesn't guarantee
that any student will be awarded a scholarship. Scholarship
awards are granted based on the eligibility requirements established
by each individual scholarship sponsor.
Directory of Schools partners
with several large data bases that provide information on
available scholarships on the internet. By using technology
and superior search engines we can match scholarships with
students. But it is the student's job to win the award. |
