Protecting Yourself from Scholarship Scams

1. If you must pay money to get money, it might be a scam.
2. If it sounds too good to be true, it probably is.
3. Spend the time, not the money.
4. Never invest more than a postage stamp to get information about scholarships.
5. Nobody can guarantee that you’ll win a scholarship.
6. Legitimate scholarship foundations do not charge application fees.
7. If you’re suspicious of an offer, it’s usually with good reason.

Reference:

http://www.finaid.org/scholarships/protecting.phtml