Physician's Money Digest, April15 2003, Volume 10, Issue 7

Every year, hundreds of scholarshipsgo unused because parents ofcollege-bound students don't knowabout them. Beware, however; that'sthe hook that many fly-by-nightscholarship-matching services use topersuade you to spend money forinformation you can get for nothing.According to FinAid (, you can search the largestscholarship databases on the Internetfor free, including FastWeb ( and the College Board'sFUND FINDER ( FinAid also notes thatpaying money to a scholarship searchfirm (often a home-based businessrun by someone who knows nothingabout college financial aid) won't getyou any better scholarship matchesthan what you'd find by searching afree Web-based scholarship database.