The Obama back to school program and the Obama moms return to school program and grants: there is a lot of talk about them but I don't believe either of them exist. People all over the country are looking for school loans and school grants and people search the Internet for Obama grants everyday. But do they really exist?
First of all, right from the start, if they do exist please leave a comment and let me know where to go to read more about them. All I have been able to find in all my searches is this Obama speech labeled the Back to School Event. In it he encourages young people to study hard and work hard in school so that they can learn and do their best in life. Nothing in it at all about Obama stimulus grants or back to school grants.
Why then is there this rumor that there are these new stimulus grants just for moms who want to return to school. Why do people keep thinking that President Obama has set up special grants just for the purpose of getting people back to school. All he did was make one speech encouraging the youth of our country to do their best.
School loans are needed by so many people now because the price of schooling is outrageous. Even in grades 1 through 12, many parents feel they need to send their children to private school just because the public school system is so bad. This creates a need for school loans and people needing to borrow money just to get their children through high school in some cases.
Then when college time comes around, the tuition skyrockets to incredible highs for some of the colleges around the country. Any student wanting to go to a private big name college might have to pay more than $100,000 in some cases just for a 4 year degree. How can any degree be worth that much? This means people will continue to look for back to school grants for moms in hopes that there is indeed something out there for them. I could be wrong and if I am please let me know but I don't think there is any special Obama moms back to school grants.
OBAMA GRANTS: BEWARE OF THE SCAMS
A good lesson in life is to always read the fine print. Before you ever sign up for anything or give your credit card out, be sure to search for the 'terms and conditions" and read them. This has never been more clear than the situation with Obama government grants this year.
The FTC decided to come in and stop some of the online ads and companies that were pitching "Obama Grants". You can read about the story here at the FTC website. There were many grant companies that were using a picture of President Obama to lure you into thinking there were tons of grants just for you because he was elected. Where they went really wrong is in what they were claiming and what they put in the fine print.
These grant specialists claimed that there were large amounts of dollars available to you and they would (not could) help you get some of them. All you had to do was give them your credit card to pay for the small shipping fee and they would send you a CD which would explain everything. What a good deal right? Only $1.97 or some other small amount and you could learn how to get a grant from Obama and the government that would never have to be repaid.
The fine print that you had to click through to see was intimidatingly long just like any fine print it seems now days. The tricky part outlined that they would give you a varying degree of a free trial (anywhere from 3 to 7 days) and if you didn't cancel by then you would be charged a monthly fee of $49.95 or $79.95 or some other hefty amount.
People looking for these Obama grants were doing so because they needed money. Much to their surprise and shock, soon after they ordered these seemingly harmless kits their credit cards were being charged the bigger charges and they had to scramble to get the kit cancelled. Additionally, many people had an extremely difficult time cancelling the kit and many had to have their credit cards cancelled to stop the monthly charges.
Should the FTC have jumped in or is it people's responsibility to read the fine print? This is a question that is up for debate as this is a free country and people should be responsible for their actions and if they never read the fine print, then perhaps they have to take some of the blame. However, there is no judgement being made here in this post other than to say that you need to be careful when you give your credit card out.
Obama grants scams are still going on but there are fewer of them out there. It seems the grant process is a confusing one that many people feel they need help with. Even though the federal grant application process is free, some companies can make money by guiding you through the process and helping you apply. You have to remember that no company can guarantee you will get a grant and you have to read all the fine print to make sure you understand what you are signing up for. Obama grants scams are still alive and well and you need to be on your guard so you are not fooled by one of them.
The FTC decided to come in and stop some of the online ads and companies that were pitching "Obama Grants". You can read about the story here at the FTC website. There were many grant companies that were using a picture of President Obama to lure you into thinking there were tons of grants just for you because he was elected. Where they went really wrong is in what they were claiming and what they put in the fine print.
These grant specialists claimed that there were large amounts of dollars available to you and they would (not could) help you get some of them. All you had to do was give them your credit card to pay for the small shipping fee and they would send you a CD which would explain everything. What a good deal right? Only $1.97 or some other small amount and you could learn how to get a grant from Obama and the government that would never have to be repaid.
The fine print that you had to click through to see was intimidatingly long just like any fine print it seems now days. The tricky part outlined that they would give you a varying degree of a free trial (anywhere from 3 to 7 days) and if you didn't cancel by then you would be charged a monthly fee of $49.95 or $79.95 or some other hefty amount.
People looking for these Obama grants were doing so because they needed money. Much to their surprise and shock, soon after they ordered these seemingly harmless kits their credit cards were being charged the bigger charges and they had to scramble to get the kit cancelled. Additionally, many people had an extremely difficult time cancelling the kit and many had to have their credit cards cancelled to stop the monthly charges.
Should the FTC have jumped in or is it people's responsibility to read the fine print? This is a question that is up for debate as this is a free country and people should be responsible for their actions and if they never read the fine print, then perhaps they have to take some of the blame. However, there is no judgement being made here in this post other than to say that you need to be careful when you give your credit card out.
Obama grants scams are still going on but there are fewer of them out there. It seems the grant process is a confusing one that many people feel they need help with. Even though the federal grant application process is free, some companies can make money by guiding you through the process and helping you apply. You have to remember that no company can guarantee you will get a grant and you have to read all the fine print to make sure you understand what you are signing up for. Obama grants scams are still alive and well and you need to be on your guard so you are not fooled by one of them.
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