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If signing up for a scholarship/grant is simply a sweepstake is there any danger of it being a scam?

I am trying to apply for scholarships through many websites and have come across quite a few that just want to ask me survey questions. Is there a danger in answering them since they are about where I live and what I do? #financialaid

Thank you comment icon My high school counselor told me as long as they aren't asking you to pay to apply you should be fine. Michelle

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Rachel’s Answer

Typically "sweepstakes" types of scholarships should be fine. You should be cautious of any "scholarship" application that asks for your Social Security number, bank account information, or other sensitive personal data. Also, don't ever pay for a scholarship program. Sometimes fraudulent companies will send you a package or envelope inviting you to join their honor society, etc. with the promise of scholarship opportunities if you pay a membership fee. These are scams.
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Bryon’s Answer

There is always a possibility when applying for things online for people to be taken advantage of.  Here are some quick tips to remember when applying:

  1. Never provide financial information when applying.  All reputable grants and scholarships should be free to apply for.
  2. Be wary of emails saying you have received a scholarship for anything you have not applied for.  This is a common fishing scam to get you to give up important information such as SS#.
  3. Avoid any company that promises exclusive access to scholarships.  Usually this is an attempt to get money from applicants for freely available information online.

If there is any concern that a company or scholarship is fraudulent you can always check local attorney generals office or better business bureau to see if there is reports of fraud.

Thank you comment icon If you’ve been accepted to a school, the financial aid rep their may know reputable sources or your current state or school financial aid department may also know. Maryann Robinson
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