Skip to Main Content

Fraud Disclosures

Scholarship Scams

It is the practice of Virginia College to warn students about scholarship search firms that charge a fee for their services. The Federal Trade Commission has conducted an investigation and has found cases of fraudulent activity. Virginia College recommends the use of free scholarship search services like those posted on our Scholarship page. Below are some common scam warning signs to watch for, most common scams and also contact information in the event you should need to report any fraudulent activity.

Common Warning Signs

  • Money-back Guarantee
  • Paying any type of fees
  • Credit Card/Bank Account Information Required
  • Exclusive Information Offered

Most Common Scams

  • Fraudulent Scholarship - if registration fee is paid, cash is promised in return
  • Fraudulent Scholarship Matching Service - Guaranteed awards if fee is paid
  • Fraudulent Educational Loan - receives a low interest rate upon paid fees
  • Fraudulent Financial Aid Seminar - a high pressured sales pitch
  • Fraudulent Grants - loans will be replaced with grants with receipt of paid processing fees

Reporting Fraudulent Activity

Federal Trade Commission (FTC)
To report suspected fraudulent activity, please call 1-888-FTC-HELP or visit www.ftc.gov, to complete an online consumer complaint form or write:

Federal Trade Commission
CRC - 240
600 Pennsylvania Ave., NW
Washington, DC 20580

National Fraud Information Center (NFIC)
To file a complaint, call 1-800-876-7060 or write:

National Fraud Information Center PO Box 65868 Washington, DC 20035