How This Scam Works
1
Scammer advertises guaranteed student loan forgiveness through robocalls, social media ads, or email.
2
They charge upfront fees of $200-$1,000 for 'processing' or 'legal services' for programs that are actually free.
3
Some scammers ask for your FSA ID login, which gives them control of your federal student aid account.
4
After collecting fees or credentials, they either do nothing or make unauthorized changes to your loan account.
Warning Signs
Promise of immediate or guaranteed loan forgiveness
Requires an upfront fee to apply for forgiveness programs
Claims to have special access to government programs
Asks for your FSA ID, Social Security number, or loan servicer login
Creates urgency with fake deadlines
Real Examples
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How to Protect Yourself
Apply for federal student loan programs only at studentaid.gov
The government never charges a fee to apply for loan forgiveness
Your official loan servicer is listed at studentaid.gov/manage-loans
Never share your FSA ID or login credentials with a third party
Ignore unsolicited calls or emails about student loan forgiveness
Frequently Asked Questions
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