While many colleges are considering their COVID-19 policies for school years, scammers will still take advantage of the situation using tactics that have worked in the past. One of the tactics to get students’ personal information is a phishing email that claims to be from the school’s “financial department.” The email claims to have information about an economic stimulus check or may ask for personal identification to verify that the student has received a COVID-19 vaccination. Or, if the student hasn’t received one yet, they may offer locations on where to get one.

Messages via text or email may appear to instruct the student to click on a link provided in the email and log in with a student username and password. By doing so, the BBB says it could provide the username, password or other personal information to scammers, while possibly downloading malware onto the device used.

Whether you are a student starting school away from home or have young students who may be vulnerable to such scams, the BBB recommends watching out for these financial scams before heading into the new semester:

  • Fake credit cards – Offers to apply for the first credit card are tempting to many students. Not only could this create credit problems down the road due to unchecked spending, but some details could also be phony offers designed to get access to personal information. Research the offers from the credit card flyers as well as the…

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