If you're an online student chances are you've received a lot of mail enticing you to seek financial aid, scholarships, grants, and other school-funding opportunities. Many banks offer competitive student loans. But, that doesn't mean you should fall for everything you read in a mailer.
A recent eLearners blog post shares tips on avoiding financial aid scams. Here's a blurb:
“It's not very often, but I will receive a call from a student or parent asking if a mailing they received regarding guaranteed financial aid is legitimate. What I can say is that no financial aid is guaranteed. What I can tell you is that any company who charges you a fee to apply for financial aid should be considered suspicious.”
If you're considering a non-governmental loan or scholarship, check out the post for helpful suggestions on making sure the money is legit.
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