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09 Sep 2016

As college students and parents seek assistance to cover the ever-soaring costs of tuition, some have been targeted by scammers offering false promises of scholarships and grants.

 

“At CPA, we always encourage prospective and current families to apply for as many scholarships as possible in order to receive the maximum amount of free financial help,” said Mary King of College Parents of America. “Free is a key word. Remember to apply more, but give the least amount of information needed, and never pay to win money.”

 

According to the Federal Trade Commission, unscrupulous companies sometimes approach prospective college students with bogus offers of scholarships, financial aid or consulting services in...