CBS: Scams every college student and parent needs to watch for

(CNN) -- Older people are good marks for scam artists, but college students are vulnerable targets as well.

College students make good targets because they are old enough to have money, but still young enough to be vulnerable to schemes. They're also away from home for the first time and likely to be unsupervised. College students are also easy to access because so many are on and around campus.

CBS lists some scams you and your college student should be on the lookout for.

One common scam is the tuition scam. This scam has someone calling claiming to be with your school's administration or admissions office. They tell you that your tuition is late and you will be dropped from classes today unless you pay immediately with a credit or prepaid card over the phone.

If this happens to you, get off the phone and call the office the caller uses yourself. Explain to the person who called you that you'll call them back after you check the status of the problem on your own.

Scammers also use student's bad behavior to blackmail them because college students are known for getting into trouble and compromising situations. These days, most people have a smartphone and can video and record everything that happens.

Your student should think twice about the situation they're in. If they wouldn't do it in front of parents or a prospective employer, they should rethink their decisions.

CBS cautions students and parents on credit cards. In 2009, banks were banned from heavily marketing on campus, but banks and card companies still pursue college students.

Credit cards and other accounts that are heavily solicited are the ones most likely to be loaded with bad terms, big fees and high interest rates. Some credit card solicitors may even be posing as identity thieves.

If you are in need of a credit card, don't respond to companies who actively solicit you. Do your own searching for the best card. The best cards are often the ones least advertised and are at local banks and credit unions.

Passwords are also mentioned on the list of scams to be wary of. CBS tells people not to store passwords or other sensitive information on your phone, laptop or any other easily taken device.

For a solution, experts say your passwords should be long series of unrelated words. You can use a password manager to track them.

Be cautious of advance fees. If anyone wants to charge you a big fee in exchange for a loan, job, scholarship, debt counseling, completion of the FASFA (Free Application for Federal Student Aid) or just about anything else, it's most likely either a scam or someone overcharging.

The higher the fee, the more suspicious you should be. When it comes to scholarships and financial aid, the Federal Trade Commission has a list of things to watch out for:

"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 all 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 contest you never entered.

CBS says you should look out for online book scams. Scammers will set up websites, offer deals on textbooks, take your money and never deliver the books.

Don't buy books, or anything, online without checking out reviews and validating the seller. Check and see if they're on the Better Business Bureau and if they have a physical location.

Be skeptical when apartment hunting. Don't ever agree to anything without checking out the apartment beforehand. Meet the landlord.

There's also check cashing scams to avoid. Someone, sometimes a friend, asks you to cash their check for them. They may even let you keep some of the money. You take their check and give them cash, but the check bounces. Just be cautious when cashing checks for someone. If you don't know them very well, you should probably avoid doing it.

WiFi is also a scam risk. Public WiFi puts students at risk for losing passwords and other sensitive information. To avoid these risks, use password protection and encryption software. CBS also advises you not to log onto public wifi either on computers or smartphones.

Above all, remember that if it seems too good to be true, it probably is.