The California community college system lost at least $7.5 million to scammers posing as students in just one year, with a significant rise since the pandemic.
The easing of verification requirements for FAFSA might have exacerbated fraud, as fewer applications are being verified, leading to an increase in potential fraudulent claims.
Scammers are evolving their tactics, utilizing stolen identities and legitimate addresses to make fraudulent applications appear authentic and evade detection.
"We just need to keep learning and keep trying to get ahead of it," emphasizes the need for constant adaptation in the fight against financial aid fraud.
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