Financial aid scam targets students

The BGSU Office of Financial Aid is warning students of a scam in which a con artist impersonates a federal education official to gain access to information about students’ checking accounts. Financial Aid Director Craig Cornell said a letter describing the scam is being sent by email to BGSU students this week at the request of the U.S. Department of Education. Someone claiming to be a representative of the U.S. Department of Education is calling students, offering them grants, and asking for their bank account numbers so a processing fee can be charged. The caller claims he can replace the students’ federal loans with an $8,000 grant, and then obtains the student's checking account information. Source: BGSU Monitor I have not noticed such email, of course my BGNet email is 99.99% SPAM anyways.

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