For those who don't walk away with their pockets full, FreeScholarships also provides financial aid tips, with links to national scholarship programs. It's the latest of a host of Web sites handing out millions to Web surfers in exchange for a valuable storefront on the crowded Internet superhighway. Timothy McDonough, spokesman for the American Council on Education, a Washington-based higher education trade group, said the buyer should beware. He said the Web site's financial information might not be the most reliable. College grads with loans to pay off also are eligible, as are parents planning for future college bills.
Winners have to be U.S. citizens.
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