College Tuition Scam - KFDA - NewsChannel 10 / Amarillo News, Weather, Sports

College Tuition Scam

Janna Kiehl with the Amarillo BBB says, "You are going to have some people trying to scam and convince you that you need to send money up front. That's a red flag." Janna Kiehl with the Amarillo BBB says, "You are going to have some people trying to scam and convince you that you need to send money up front. That's a red flag."

Many students heading to college this fall will be receiving aid to pay for tuition. But the Better Business Bureau is warning parents and students to be on alert for scams. Last year, complaints on scams for college loans and scholarships increased 60 percent.

The BBB says most students get sucked in by paying a small fee, around $800 dollars, and the company says they will front the semester cost for them. Though they never do. Here are some tips to avoid being a victim.

Janna Kiehl with the Amarillo BBB says, "You are going to have some people trying to scam and convince you that you need to send money up front. That's a red flag."

Other red flags, phrases like "scholarship guaranteed or your money back","you cannot get this information anywhere else", and "we will do all the work", "You have been selected by a national foundation to receive a sholarship". May I have your credit card or bank account number to hold this scholarship", "The scholarship will cost some money".

 

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