Avoiding Scholarship or Grant Schemes Essay example

Avoiding scholarship or grant scams can be as simple as the student makes it. The internet is a powerful tool for business, so students cant just avoid it because of a few crooks or conmen even if they do seem like theyre behind every pop-up window and banner ad. When looking for scholarship or grants it is difficult to avoid scams so students need to avoid applications that require fees and personal identification numbers. Its not that hard, students just have to look out for the warning signs. They must keep in mind that these warning signs, of course, are only for a handful of the frauds and scams out there. Conmen are good at what they do, trying to separate students and consumers from their money. Most of these warning signs†¦show more content†¦Students only usually need to hand out some of this information when they have received the scholarship or grant. This is only because most scholarships are taxable because they look at it as a source of income, but when the y go file for taxes they can more than likely get it written off for educational purposes. There are a few other simple warning signs that students and consumer must keep in mind. For example if the organization sounds like a non-profit but has no traceable history. This means that the organization sounds like its not getting a profit but probably is . Also consumers or students cant check it out and see because they have no traceable history. Basically like the site or organization doesn’t really exist they just want them to feed them personal information so they can take their money. If the organization claims it will handle all their scholarship applications for them this should be a warning. Never trust anything that seems too good to be true. All in all, scams are easy to avoid. Now that the warning signs are out there, avoiding scams and conmen should be easier. 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