WeMakeScholars & HEST Scholarship is complete Scam...

I qualified WMS's HEST exam in which they mentioned that I will get upto 3 lakh rupees. Process was simple Round 1 : EXAM and Round 2 : Loan Approval but they never mentioned that there will be a round 3 which will be interview and after that scholarship will get sanctioned.

They will recommend you multiple banks for loan claiming they will provide you the best interest rate even though it won't be. So, after I cleared exam and got my loan approved I asked them for a certificate mentioning scholarship amount alongwith other details but to my surprise they completely ignored it saying you have to clear round 3 which was never mentioned in any of the mail chain.

I mailed them multiple times but no response at all after that I got a call from a guy claiming to be Regional Head and when I asked him why Round 3 was never mentioned and why don't you conduct it before Loan process he wasn't able to answer it.

Then he started blabbering that he will inform the team why I wasn't informed properly but I realised this whole WMS is complete BS and big Scam going on.

So when WMS gets you a loan they get commission on it. When I confronted him with this he wasn't able to counter it when I questioned him that if you are getting loans approved for 100 students you are getting on average ₹1-2 lakhs/student but you are hardly giving scholarship to 10-20 that to upto 3 lakhs. You are making 1-2 crore but giving at max 30-60 lakhs so how you are claiming to be Not for Profit whereas you are completely making a huge chunk.

He had a complete melt down then again started blabbering nonsense that we are doing it in favour of students so I again question him what favour? You are taking commision out of their loan then claim that you are sponsored by Min. Of Electronics then where's the favour it's a complete MLM scam where you are asking for referrals and minting out money whereas your Founder is exploring world on those funds alongwith her husband.

And then I said I don't want anything from you he was about to cry that we will get you the best rate please let us handle it. But I disconnected the call.

So please anyone who is looking for loan or scholarship don't get involved with these scums.

Posted Sep 8, 2026, 5:06 PM UTC

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