Six signs that your scholarship is sunk

Beware of deceptive lines like these:

1. “The scholarship is guaranteed or your money back.”

2. “You can’t get this information anywhere else.”

3. “May I have your credit card or bank account number to hold this scholarship?”

4. “We’ll do all the work.”

5. “The scholarship will cost some money.”

6. “You’ve been selected by `National Foundation’ to receive a scholarship,” or “You’re a finalist” in a contest you never entered.

source: Federal Trade Commission

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