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Help Your Students Avoid Financial Aid Scams (PDF)

April 11, 2016

From scholarships and grants to federal and private loans, students have plenty of options when it comes to paying for college. Unfortunately, the need for financial aid leads to predators looking to scam potential borrowers.

FSA offers a PDF handout with helpful information to help your students avoid such scams. This document contains helpful tips like:

  • Don’t give in to pressure tactics. “Opportunities” that involve paying for information are often just the chance to pay for information that you can find yourself for free.
  • Seek out free sources of information, like StudentAid.gov/types#federal-aid or a college or career school financial aid office.
  • Never pay for the FAFSA. Websites that offer FAFSA assistance for a fee are not affiliated with or endorsed by the U.S. Department of Education.

This handout, which also includes information on reporting financial aid fraud, is a valuable resource for every potential student borrower.

Check it out and share it with your students.

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