Scholarship SCAM?

Author: admin
February 21, 2010

I received a form from the United States Achivement Academy which says that my son has been nominated to be recognized in their yearbook because he is a honor roll student. They also say there are 4 cash grants for $10.000 each that he might win… Has someone received one of these scholarships? It seems like a scam, but I went to the Better Business Bureau and this company is a BBB member. What do you all think?

From my understanding, they companies make money by selling you the yearbook that you’re son will be in. There’s a lot of things like this. None of them are really bad, and there could be some good that comes out if it. But it’s like an old school phishing operation- they get all your info for their year book, then they sell that info to people who will then market especially to you (a lot of college stuff)- and they’ll try to sell you the book in the process…. but it’s a normal thing and probably this won’t be his last offer like this.




3 Responses to “Scholarship SCAM?”

  1. Nathan W Says:

    From my understanding, they companies make money by selling you the yearbook that you’re son will be in. There’s a lot of things like this. None of them are really bad, and there could be some good that comes out if it. But it’s like an old school phishing operation- they get all your info for their year book, then they sell that info to people who will then market especially to you (a lot of college stuff)- and they’ll try to sell you the book in the process…. but it’s a normal thing and probably this won’t be his last offer like this.
    References :

  2. somg_93 Says:

    It’s a big possibilitie that it’s not a scam. I have heard of this before. If it is a scam you can sue for breech of promise.
    References :

  3. payingcollege Says:

    If they are asking for any personal information from you, (such as credit card # or social security #) or if they’re asking for money, it’s probably a scam. Here’s some info on how to avoid a scholarship scam:

    http://www.salliemae.com/before_college/students_plan/free_money/scholarships/avoid_fraud.htm
    References :

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