Is Kevin Trudeau’s Free Money Book a Scam?

If you have ever been a victim of a scam, you know that you will always be wary of too-good-to-be true offers. You lost money that was intended to fund your children’s college educations. No one will take your money dishonestly again. You learn to distrust most claims, even ones that could benefit you. You have seen the infomercials and believe that there is a Kevin Trudeau Free Money scam. For just one moment, consider that this is an opportunity to gain free money.  Perhaps you can recoup money that you have lost to actual scammers. The Free Money book gives a detailed account of the different types of college grants available to your family.

Pell Grant programs

The Pell Grant Program is a federal college grant that is based on need. Its recipients are undergraduate and post-graduate students. This is free money they don’t want you to know about.  The only requirements involved are U.S. citizenship, the status of a high school graduate and financial need. There is a standard formula that considers the student’s income, the parents’ income, assets and the number of family members attending post-secondary institutions. The maximum amount awarded in 2009 is $5,350.

National science and mathematics access to retain talent

The National Science and Mathematics Access to Retain Talent grant is commonly referred to as National SMART grant. It is offered to students in their 3rd or 4th years with majors in various studies such as mathematics, technology, engineering and critical foreign language. Also, the student must have a GPA of at least 3.0 out of a 4.0 scale. The grant can award up to $4,000; this is another example of how Kevin Trudeau Free Money scam is a false assumption.

Academic Competitiveness Grant (ACG)

Another college grant that disproves the Kevin Trudeau Free Money scam theory is the Academic Competitiveness Grant. ACG has only been in existence since 2006 and can be requested by students in their first or second year of post-secondary institutions. A main prerequisite is that they have had a challenging course load during their final years in high school. They need to have completed the following in high school: 4 years of English, 3 years of mathematics, 3 years of science, 3 years of social studies and l year of language. The Free Money book clarifies which grants have stringent prerequisites.

College grants for women

There are real opportunities for women to receive money; this is not a Kevin Trudeau Free Money scam. Free money can be received by women who are pursuing careers that are usually considered a male profession. Some examples of traditional male fields include science, engineering, technology and medicine. College grants for women include the Barry Goldwater Scholarship Grant and the American Association of University Women. Another college grant for women is the American Society of Women Accountants Educational Foundation. The foundation awards money to women attending 2-year or 4-year University or college and majoring in finance or accounting. All the grants listed are Free Money They Don’t Want You to Know About.