5 Ways to Know Your Scholarship Search is a Scam

There are thousands of different scholarships available to students that are looking to continue their education but need financial assistance in doing so. Often times, though, it can be difficult to find the resources and the ones that are right for you and your particular needs. That is why so many scholarship companies, agencies, organizations, and sites exist to help narrow down the possibilities and find those financial assistance opportunities that can greatly increase your chances of funding a post-secondary education. Unfortunately, as with any sector that draws a lot of attention, there are many different companies that promise results and are only scams. Therefore, the following are five different attributes that you can use to identify those companies that are not out to help you find the right resources but are only there to hurt you.

1. They are Charging You

There are several different scholarships available, in a wide variety of niche markets and general categories. These scholarships are meant to help those who meet the requirements to pay for their schooling. If a site is asking you to pay for services or to provide you with these resources, then, this should be considered a very big red flag. You have a lot of different options but the scholarships that matter are not asking you to spend a cent. Do not let the one that is helping to link you to these different opportunities charge you either.

2. Too Good to Be True

If you find a site that is too good to be true, chances are that it probably is. You want to ensure that you are choosing a scholarship aid that is providing you with information and not with a constant stream of false promises. Yes, finding scholarships are often lucrative and can be very helpful. But, if a site is promising you something that seems too far out of the norm for even scholarship level rewards, then, it probably is a scam. Trust your gut and your mind and make the best decision for you. Do not give your information to those you do not know or do not trust. This will help you to find the best opportunities with the least amount of risk.

3. Requesting Financial Information

Scholarship applications will often ask you for personal information, including statements of financial need. If you are using a general site or recruiter to find resources, you want to make sure that you are very stingy in who you provide this information to. If a site or scholarship recruiter is continually asking you for personal information that does not seem relevant to the scholarship process, then, you need to consider looking to work with another site. This information can be used to hurt rather than help you if you provide it to the wrong individual or agency.

4. Unrelenting Solicitation

There are many different companies that provide access to scholarships and do so through recruiting and marketing techniques. This is completely normal and is something that any business or site needs in order to solicit new traffic to their agency. But, when it comes to phone call solicitation and email campaigns, you need to make sure that you do not provide information to a company that you have not vetted or researched. If, for example, you receive a call from someone promising you scholarship opportunities and they are pressuring you to provide information, consider this a huge red flag and simply tell them that you will get back to them. A true and legitimate company, agency, or site will not require information without giving you time to do your own research.

5. No Results

If a company is good at what they do, then, you will see results. You will see the different scholarship opportunities you were looking for and you will be able to put in legitimate and real applications. If you are not seeing any results in your searches, your efforts, or your scholarship opportunities, then, it may be time to move on to another company, agency, or online search site. This does not mean that a legitimate company will automatically find you monies. It simply means that they are bringing you information that is useful to your scholarship search and real scholarship application opportunities.

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