Montana Students Warned of 'Fishy' Financial Aid Letters

Offers that require an application fee may be bogus, financial aid officials say.

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Financial aid officials at the University of Montana and Montana Tech are warning students of letters offering financial aid opportunities—especially ones that require a fee to apply, the Montana Kaimin reports.

The Montana Tech's financial aid director, Mike Richardson, says he knows of at least 24 Tech students who have received letters from a company offering "free financial aid money." The application asks for personal information including address, date of birth, parents' occupation, work experience, and school enrollment, as well as a $49 application fee. In general, officials say, students should be wary of any offers that require a fee. "It might be a little bit on the fishy side," Richardson said.