Tips to Steer Clear of Financial Aid Scams

Here are the best strategies for students to avoid financial assistance scams.

Tip 1:

Browse through different resources like FAFSA and check which you can qualify for.

Tip 2:

Research different options for financial support thoroughly, like associated fees, etc.

Tip 3:

Consult with qualified guidance counselors about which financial aid resources or scholarships you should pursue.

Tip 4:

Check the accreditations of the financial aid company you are considering, like their BBB rating.

Tip 5:

Get references from the financial aid company and contact them to learn about the company’s past performance.

Tip 6:

Request the company for information about refund policies, fees, etc., in writing.

Updated on: May 20, 2024
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