US Government Cracks Down on Scholarship Scams
Source: FTC “Each year, millions of students seek help in financing their college education, and some fall prey to scholarship and financial aid scams that “guarantee” money for college in exchange for a fee. In 2000, Congress passed the College Scholarship Fraud Prevention Act to help federal agencies crack down on these scams. The Federal Trade Commission and the Departments of Justice (DOJ) and Education (ED) have issued their fourth required report to Congress describing their continued efforts to combat scholarship and financial aid fraud.”
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