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$10M Nelnet data breach class action settlement

Varies
Max Payout
Mar 05, 2026
Filing Deadline
Yes
Proof Required?
Nelnet Servicing LLC agreed to pay $10 million to settle a class action lawsuit over a data breach announced in August 2022 that exposed personal information including names, addresses, phone numbers, email addresses, and Social Security numbers. The lawsuit alleged the company and related entities failed to implement adequate cybersecurity protections. All U.S. residents whose personal information was compromised in the August 2022 data security incident affecting Nelnet Servicing LLC, Edfinancial Services, and the Oklahoma Student Loan Authority were eligible.
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Who Is Eligible?

You may be eligible to file a claim if you:

    To qualify for this settlement, you must have: - Been a U.S. resident - Had your personal information compromised in the publicly announced August 2022 data security incident - Been affected through Nelnet Servicing LLC, Edfinancial Services, or the Oklahoma Student Loan Authority Documentation of out-of-pocket expenses and/or lost time was required for cash compensation claims.

How Much Can You Get?

The total settlement fund was $10 million. Class members could receive cash compensation for lost time and out-of-pocket losses such as bank fees, fraudulent charges, and identity theft expenses. All eligible members also received two years of free credit monitoring services valued at $187 annually, including $1 million in identity theft insurance.

How to File Your Claim

Filing your claim is quick and easy:

    This settlement's claim deadline of March 5, 2026 has passed. While you can no longer file a claim, you can download Class Action Buddy to get notified about similar future settlements.

💡 Easier way: File with Class Action Buddy

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Frequently Asked Questions

What is the deadline to file a claim for the $10M Nelnet data breach class action settlement?

The current deadline to file a claim is Mar 05, 2026. Note: claims sent by mail must be postmarked by this date, and Class Action Buddy ships claim forms with a 7-day mailing buffer to ensure on-time delivery.

How much can I receive from the $10M Nelnet data breach class action settlement?

The maximum payout per eligible claimant is up to Varies. Actual payments may be lower depending on the total number of valid claims filed and the available settlement fund.

Do I need proof of purchase for the $10M Nelnet data breach class action settlement?

Yes — this settlement requires proof of purchase. Acceptable proof typically includes receipts, credit card statements, photos of the product, or order confirmation emails. Check the official claim form for specifics.

How do I file a claim for the $10M Nelnet data breach class action settlement?

You have two options: (1) Use the free Class Action Buddy mobile app — set up your profile once and the app auto-fills the PDF claim form, captures your signature, and submits the claim by mail on your behalf. (2) File directly with the settlement administrator using the official claim form linked on this page.

How much money can I get from the Nelnet data breach settlement?

Specific payout amounts haven't been announced yet. The total settlement is $10 million, and your individual payment will depend on how many people file valid claims and other factors determined by the settlement terms.

What information was exposed in the Nelnet data breach?

Details about exactly what personal information was compromised are still pending. Data breaches typically involve information like names, addresses, Social Security numbers, or account details, but specific details for this Nelnet breach haven't been fully disclosed.

Do I need proof to file a Nelnet data breach claim?

Proof requirements haven't been finalized yet. You may need documentation showing you had a Nelnet account or received breach notification from the company. Keep any emails or letters from Nelnet about the data breach as potential proof.

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