When searching for scholarships on the internet, the Federal Trade Commission cautions students to look and listen for these tell-tale signs of scholarship scams:

• "The scholarship is guaranteed or your money back."

• "You can't get this information anywhere else."

• "I just need your credit card or bank account number to hold this scholarship."

• "We'll do the work. You just pay a processing fee."

• The scholarship will cost some money.

• "You've been selected by a national foundation to receive a scholarship" - or "You're a finalist" in a scholarship you never applied for. 

https://consumer.ftc.gov/articles/how-avoid-scholarship-and-financial-aid-scams