Unfortunately, students are increasingly being targeted by money-related scams. A scenario that is becoming more common is where a third party offers to pay a student's fees on their behalf at a discounted rate. There are no discount schemes at King’s, so if you receive any correspondence about discounted fees then it is likely to be fake. Please ensure that you only pay your fees through a recognised method of payment; visit the Methods of payment webpage for more detailed information and options.
How do the scams work?
A fraudulent third party might ask you to pay your fees to another person or direct you to a bogus site to make payment. The scammer will then "arrange a discount for you" and pay a reduced sum of your tuition fees on your behalf. The reality is that this is a credit card scam, which sees bogus payments being made on student accounts using stolen credit cards.
The scammer will make payment as agreed, but the payment will be rejected or later taken back when it becomes apparent that the card has been cloned or stolen. Sometimes the scammer will attempt to make numerous payments of your tuition fees with several different cards to try to avoid detection, but this type of activity is monitored by our Credit Control team who might investigate your account and ask you to explain the payments.
The end result is that you will have lost your money, not paid your fees and unknowingly become involved in illegal activity. The best way to avoid this situation is to remain vigilant and if you receive any emails about fee discounts, don't take them seriously and forward on to Credit Control for further advice.
To learn more about scams and to help you better understand how they work, watch our video Understanding & Avoiding Scams Part 1: What is a Scam?
For more information about scams you should be particularly aware of at the moment, please read our article Scams to look out for in 2020