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Scholarship Scams

Recent Headlines Regarding Scholarship Scams

August 29, 2007, Las Vegas Sun (Nevada)
Van pulls up, bargain offered - buyer beware!

August 28, 2007, The Columbian (Washington) 
Scholarships going fast 

August 24, 2007, The Decatur Daily (Alabama)
Stolen Identity 

August 23, 2007, The Spokesman-Review    
Local consumers warned on loan deal: Bureau: Firm uses fictitious address, charges advance fees

August 20, 2007, CNN  
School 101 for students of a certain age 

June 11, 2007, New Haven Register
How to pay for college when you haven't saved enough

May 23, 2007: Federal Agencies Release Annual Report to Congress on Scholarship Fraud

May 13, 2007, The Modesto Bee
Someday graduating, loan in hand: Students confronted with making a raft of decisions 

April 29, 2007, Los Angeles Times
The scam: College scholarships made easy

April 16, 2007 Buffalo News (NY)  
Search Web, guidance office to find scholarships for college  
 
April 8, 2007 Arizona Republic
Here's help to find scholarships to pay for college 

April 4, 2007 Bergen County News, New Jersey
Knowledge about college scholarships is its own reward 

March 27, 2007 Minneapolis Star Tribune
The numbers get real

March 4, 2007, Kansas City Star
State plans make saving for college less taxing 

February 19, 2007, New York Daily News
Net takes the scholar out of scholarships

February 12, 2007, Chattanooga Times/Free Press (Tennessee)  
Financial Aid

January 28, 2007, The Boston Globe
Scholarship scams are easy to spot and avoid

January 28, 2007, The Washington Post
Beware the Scholarship Hucksters

January 24, 2007, New York Daily News 
George Chin: Apply now: An early start key to getting cash 

January 11, 2007, St Petersburg Times, Florida
Be wary of easy scholarship offers  

January 10, 2007, The Roanoke Times
Family members sentenced for tax, financial aid scam: An Indiana woman and her two children cheated the government out of thousands of dollars

November 20, 2006, St Paul Pioneer Press (Minnesota)
Scammers line path to college cash

August 13, 2006, Detroit Free Press (Michigan) 
PERSONAL FINANCE: Cash for school is all about the hunt  

June 9, 2006, Boston Herald
Scholarship yanked from school-swapping kid 

November 27, 2005 St. Paul Pioneer Press (Minnesota)
For College Advice, it is Buyer Beware

November 25, 2005 Daily Vidette (Salt Lake City)
Utah Administrators Warn Against Scholarship Scams

November 22, 2005 Jewish World Review
Crooks Target College Aid Money, Hitting Consumers Twice

November 11, 2005 ChicoER.com (California)
Scam Targets Studious Students

October 27, 2005 The BG News
Loan Scams Pricey

October 26, 2005 North County Times (California)
Ouch! Students Getting Stung Trying to Find for College

October 24, 2005 Investors Business Daily (San Francisco)
College-aid Money Means Big Bucks for Identity Thieves

September 17, 2005 Los Baos Enterprise
College Students Increasingly Targeted for Financial Aid Scams

August 3, 2005 Whittier Daily News (California)
Details of Alleged Pell Grant Scam Unveiled

August 3, 2005 22WSBT
Students Warned to be Wary of Scholarships and Grants that Charge a Fee

July 10, 2005 The Mississippi Clarion-Ledger
Early Start Pays Off in Tracking Down Scholarships

May 30, 2005 The New York Times
Identity Theif Teaches Colleges About Fraud

April 29, 2005  The Daily Bruin
CALPIRG Informs Students about Scholarship Frauds

April 22, 2005  The Desert Dispatch
Phone Fraud Scheme Targets BCC Student

March 23, 2005 Kentucky Standard
Telephone Scam Targets Residents

March 22, 2005  RGJ.com
College-bound Students Often Target of Familiar Scams

January 16, 2005 Indianapolis Star
Parents Need Not Pay Out for College Aid Help

January 12, 2005 The Federal Trade Commission
Defendants Operating a College Financial Aid Scam to Pay $1,433,000 in Consumer Redress to Settle FTC Charges

Recent Compliance Actions

The following is a list of compliance actions taken by the Federal Trade Comission (FTC) under the Scholarship Fraud Prevention Act of 2000. For more information, please see FTC's sixth annual report to Congress on scholarship scams, and the FTC's Project Scholarscam website.

Career Assistance Planning, Inc
February 1997 press release
September 1997 press release

College Assistance Services, Inc
final judgement
press release

Christopher Nwaigwe
final judgement
press release

Udoka Maduka
final judgement
press release

Student Assitance Services, Inc
final judgement
press release

Student Aid Incorporated
final judgement
press release

Deco Consulting Services, Inc
final judgement
press release

National Grant Foundation, Inc
restraining order
complaint for injunction
press release

National Scholarship Foundation, Inc
complaint for injunction
press release

College Resource Management, Inc
complaint for injunction
press release

The College Advantage, Inc
complaint for injunction
July 2003 press release
January 2005 press release

Integrated Capital, Inc
dba National Student Financial Aid (NSFA)

final consent order
July 2003 press release
July 2004 press release
April 2005 press release