Do Not Pay For Financial Aid Advice
April 17, 2012
The National Association of Student Financial Aid Administrators (NAÂ鶹´«Ã½Ó³»AA) has been alerted to a company claiming to offer financial aid services at a cost.
Student Financial Resource Center (Â鶹´«Ã½Ó³»RC) offers financial aid counseling for a $59 fee. The California-based company asks students and parents to fill out a "student aid profile application" by a specific deadline and pay a processing fee. Once the company receives the application and fee, students and parents are supposed to receive a "financial aid package" including a list of available financial aid awards.
We have recently seen Santa Fe students targeted in a mail out similar to the one identified here. Students and families should be wary of paying a fee for financial aid filing or advice. It is difficult to distinguish between legitimate companies and scams.
There are various resources available FREE to students: Student Aid on the Web, FinAid.org, College Board Pay for College, and NAÂ鶹´«Ã½Ó³»AA's Students and Parent Resource page. Students and parents are also welcome to visit the Financial Aid Office at Â鶹´«Ã½Ó³» for assistance and information.
