April 2009 / SLFC

Scholarship Scams: Never Give Personal Information!

Scholarship Red Flag #3
Never Give Personal Information!
Some personal information may be required on certain legitimate scholarship offers; however it should raise a red flag if the scholarship you are applying for is requiring you to divulge bank account numbers, credit card numbers or other very personal information.

Legitimate scholarships do not require you to pay money up front, or require any type of personal financial information from you (such as credit card numbers, etc…). If a scholarship organization asks for this kind of personal data, beware that it may be a scam.

There may be certain situations where scholarships that awarded based on income needs, may require verification of your income class or status, but even in these types of scholarship situations they will never ask you for a credit card number or banking information.

Scholarships are generally going to require basic information (name, address, etc…), as well as information about your grades, achievements, and other scholastic related information. Keep in mind that scholarships are trying give you money for college, they are not trying to collect any money form you, and if they appear to being doing that, then chances are it’s a scam and not a legitimate scholarship.


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