Thursday, January 28, 2010

PHEAA Warns Families of FAFSA Scams

The Pennsylvania Higher Education Assistance Agency (PHEAA) is urging families to avoid individuals and organizations offering help with student aid applications for a fee. This is the time of year when families are filling out government and other forms such as FAFSA and are seeking aid and loans. The agency is also reminding families that all resources and help for financial aid forms can be found for free through various sources.
PHEAA spokesman Keith New says nationwide about $100 million each year is taken from families through scholarship scams, and millions of dollars are spent on consultants that help families complete applications.
New says in today’s economy, it’s very important for families to save money and resources, and spending money on student aid assistance is not necessary at all. PHEAA is one of many organizations to offer workshops and online assistance for FAFSA applications at no cost.
He says families can find free student aid assistance through high school student administrations, and many online resources.
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