Question. An Internet site caught my attention recently stating that for just $69 I would be eligible to receive access to several prestigious scholarships. Is this worthwhile pursuing?
– A parent in Parker, CO
Answer. Scholarship scams appear to be increasing once again. Several factors may be responsible: Increased numbers of students are going to college and many are going to expensive schools. Increased Internet use has allowed for more fraud to occur. The FTC publishes a pamphlet that alerts consumers to “Six Signs of Possible Fraud.” If you recognize any of the situations outlined in the brochure, you could be the next victim of a scam. Free money shouldn’t cost you money.