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Federal Agencies Release Annual Report to Congress on Scholarship Fraud

News release: “The Federal Trade Commission, the Department of Justice, and the Department of Education have issued their annual report to Congress pursuant to the College Scholarship Fraud Prevention Act, describing their continued efforts to combat scholarship and financial aid fraud. 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. This report provides an update of the agencies’ activities to prevent and prosecute financial aid fraud, including the FTC’s law enforcement efforts and the agency’s consumer education campaign to help students, parents, educators, and financial aid administrators identify and avoid financial aid scams.”

  • College Scholarship Fraud Prevention Act of 2000, Annual Report to Congress, July 2010
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