Scholarships and Financial AidFree scholarship or a scam? A scholarship or grant is free money - you should never have to pay to find, apply for or receive one. Here are some tips:
- Do your own research before spending your money. Most Scholarship information is available for free.
- Don’t fall for claims that "guarantee" a scholarship. Any claim should include qualifications or disclaimers.
- Never give your credit card information, bank account information, Social Security number or student identification number over the telephone or Internet unless you made the call and know who you’re talking to. And never provide any personal or financial information to hold a scholarship or grant. To learn more, visit www.ftc.gov/scholarshipscams .