Safeguarding Your Education Finances: Tips to Spot and Avoid Scams
Learn how to protect yourself from scams while paying for higher education, including spotting FAFSA scams, scholarship scams, student loan repayment scams, and more. Get insights on avoiding fraud, reporting suspicious activities to the FTC, and accessing free resources for education funding.
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Presentation Transcript
Paying for Higher Education First name Last name | Date
Who The FTC Is and What It Does Enforcement Consumer and Business Education Building Partnerships and Coalitions
Spot and Avoid Scams While Paying for Higher Education FAFSA Scams FSA ID Scams Scholarship Scams Student Loan Repayment Scams Student Loan Forgiveness Scams
Free Application for Federal Student Aid (FAFSA) Apply at StudentAid.gov (or FAFSA.gov) It s always free to fill out Complete it yourself (or with family)
FSA ID Scams Don t share your FSA ID. Scammers use it to take over your account.
Scholarship Scams Scam #1: The scholarship is guaranteed or your money back. Scam #2: I just need your credit card or bank account number to hold this scholarship. Scam #3: We'll do all the work. You just pay a processing fee.
Student Loan Repayment Scams Time to repay your loans? Start with StudentAid.gov/Repay
Student Loan Forgiveness Scams Forgiveness is always free StudentAid.gov/Forgiveness
Report Fraud to the FTC English: ReportFraud.ftc.gov Spanish: ReporteFraude.ftc.gov
Get and Share FREE Resources Learn about education: ftc.gov/education Learn about paying for education: consumerfinance.gov/payingforcollege Keep in touch: ftc.gov/consumeralerts
