Every year tons of soon to be college students begin their search for scholarships and other free money options to off set the student loans they will have to take out for college expenses. Often times there is a lot of emphasis placed on all of the “free money for college” that goes unclaimed year after year, and little light is shed upon the scams that can be masking themselves in the form of college scholarships.
Over the next few days StudentLoansForCollege.org will be featuring Scholarship Red Flags that should be avoided in order to ensure that the college scholarships you are applying for are legitimate.
Scholarship Red Flag #1
College scholarships that ask for money or require you send them money up front. Never pay money for college scholarships; we can not say this enough. Many times scholarships that are scams will ask for the student to provide some sort of payment in the form of a “fee”.
Legitimate college scholarship organizations are unlikely to ever require a student to provide payment in order to be considered for college funds.
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