News release: “Each year, millions of students seek help in financing their college education, and some fall prey to scholarship and financial aid scams that guarantee money for college in exchange for a fee. In 2000, Congress passed the College Scholarship Fraud Prevention Act to help federal agencies crack down on those scams. The Federal Trade Commission, the Department of Justice (DOJ), and the Department of Education (ED) have issued their annual report to Congress describing their continued efforts to combat scholarship and financial aid fraud.”
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