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Scholarship Scams

It’s the time of the year for scholarship scams as new high school grads gear up for college. Attending college can cost thousands of dollars. To help find the funds, many students apply for scholarships. Incoming UNC Wilmington, Missy Sneed, says, "I tried very hard to get money. I’ve tried, and many outlets trying to find just anything I could." Financial aid advisors say there are many ways to get monetary assistance. UNCW’s Financial Aid Director, Emily Bliss says that colleges have links on their website to free scholarship searches. Students should get in touch with local agencies that have scholarship like Kiwanis club and some churches have scholarships. Some of the most common scholarships scams that you need to watch out for come as a letter or as spam and they tell you that you have to pay money to receive a scholarship. Bliss says "if they didn't apply for a scholarship, and they get a letter saying they received one, that's a red flag.” Sneed says, “you shouldn't have to give money to get a scholarship red flags should go way up if you have to get money for a scholarship." If you are wondering whether a scholarship is legitimate, contact the Better Business Bureau or the financial aid department of the college.

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