Better Business Bureau warning about grant and scholarship scams for college students

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RICHMOND, Va. (WRIC) — For students struggling to pay college tuition, a sudden offer for a grant or scholarship could look like a dream. But it could also be a scam.

The Better Business Bureau wants families to be aware of recent con artists trying to take your money. They say the crook will claim to be with the government, a university or non-profit.

They hook victims by saying they won a big sum of money, but they have to pay a one-time processing fee.

Here are some tips on how to keep your money in your pocket:

  • Understand it is generally free to apply for scholarships in the U.S.
  • Ask a lot of questions and be cautious if a company is reluctant to answer
  • Be skeptical of success stories as many are fictional
  • Ask about the fees and get info in writing
  • Be aware of unsolicited offers, typically you can’t win if you don’t apply in the first place

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