In an announcement from the Federal Trade Commission, the agency gave some tips to avoid student loan repayment scams. Their advice includes:

  1. Never pay an upfront fee.
  2. Only scammer promise fast loan forgiveness.
  3. A Department of Education seal doesn’t mean it’s legit.
  4. Don’t share your Federal Student Aid (FSA) ID with anyone.

To subscribe to FTC scam alerts by email, click here.