But sometimes even a scholarship can look like a much better deal than it is. Parents and teens should be on the lookout for phony offers.

Do not trust any offer that:

• Asks you to pay “a small amount” to hold the scholarship. Real scholarships are always totally free to the teens who receive them.

• Says your teen can win a scholarship without doing a thing. Most scholarships require applicants to at least fill out an application.

• Asks you for a credit card or bank account number. No one offering a real scholarship will ever do this!

Always check any scholarship offer your teen is considering with her guidance counselor.

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