Wherever there’s money, there are scams. In this episode, I’ll share some insight into the kinds of scams you may run into when dealing with financial aid, scholarships, and more. You will also hear about some simple ways that you can start preparing for college expenses early on and how to make sure you take full advantage of the financial aid opportunities out there.
So, what if you’ve exhausted all kinds of financial aid options and are considering student loans? I’ll dig into that and share what you need to be aware of in order to put yourself or your student in a good position when it’s time to go to college. I also give tips on how to keep costs down using local community colleges, as well as where and how to get started.
Listen To The Episode Here:
What You’ll Learn:
Common places you’ll find financial aid scams lurking.
The types of information you should think hard about giving out.
The communication methods and styles that scams often use.
What 529 plans are and how they work.
Understanding the value of community colleges.
Ideas Worth Sharing:
- “Desperation over the high cost of college and inexperience may make some students vulnerable to scams.” - Regina McCann Hess
- “Be skeptical of any email or letter offering you a scholarship that you never applied for.” - Regina McCann Hess
- “Complete the FAFSA form and use online resources to apply for scholarships. Those are great ways to get you started.” - Regina McCann Hess
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