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Financial Aid Scams

Beware of financial aid offers that seem too good to be true.

Any organization that asks you to pay a “refundable processing fee” is probably not legitimate. 

Some commercial financial aid companies charge $1,000 or more for their services, and although they may guarantee you’ll get aid, they will consider their promise fulfilled if you are awarded a $200 scholarship. Is that worth a $1,000 fee?