The Brief College is a major life shift, making students targets for scammers. Financial aid fraud, test prep scams, and fake credit cards are threats to students. The offers are tempting but are meant to steal money or sensitive information. College is a major life shift. Scammers will try to trick young people who are living independently for the first time. Why you should care: High tuition bills, exam stress and first-time independence can make college students the perfect prey for scammers. The Better Business Bureau said knowing how three schemes work will help students protect their wallets and identities. FREE DOWNLOAD: Get breaking news alerts in the FOX LOCAL Mobile app for iOS or Android Students are so busy, especially when school starts, explained Lisa Schiller with the Better Business Bureau Serving Wisconsin. 1. Financial aid fraud What you should know: The student is offered a phony college scholarship or guaranteed financial aid. They must pay to apply when these opportunities are usually free. If it's out of the blue and comes unsolicited, it should definitely raise a red flag, Schiller said. What you can do: Before applying, check the offer's legitimacy with school counselors and on government websites. 2. Test preparation scams What you should know: The scammers pretend to be with a company that can offer assistance with exams or test preparation. The promised help does not materialize. The scammers may threaten to expose the student for cheating if they don't pay up. 3. Fake credit card scams What you should know: The credit card offers are tempting and designed to access a student's personal information. Scammers are counting on the students' inexperience. This is the age group where students start to apply for their first credit card, Schiller said. What you can do: Before applying, research the financial institution and read online reviews. #fox6now #crimewatchmilwaukee