New $284,000,000 Settlement: If You Received Financial Aid From Columbia, Penn, Yale, Cornell, And 13 Other Colleges, Claim $2,000 Now!

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Update: Comments point out that you can also file directly at financialaidantitrustsettlement.com when it becomes available. The link in this post is for ClaimsHero, which will take a percentage of the settlement but ensure that you have all the correct documents and proof needed to file your claim properly and get paid. 


New $284,000,000 Settlement: If You Received Financial Aid From Columbia, Penn, Yale, Cornell, And 13 Other Colleges, Claim $2,000 Now!

If you received undergraduate financial aid from any of the Universities below, be sure to fill out the claim via the link above:

  • Brown
  • Caltech
  • Columbia
  • Cornell
  • Dartmouth
  • Duke
  • Emory
  • Georgetown
  • JHU
  • MIT
  • Northwestern
  • Notre Dame
  • Rice
  • UChicago
  • UPenn
  • Vanderbilt
  • Yale

The estimated payout will be $2,000 per student.

Eligibility requirements fine print:

All U.S. citizens or permanent residents who have during the Class Period:

  1. enrolled in one or more of Defendants’ full-time undergraduate programs,
  2. who received at least some need-based financial aid from one or more Defendants, and
  3. whose tuition, fees, room, or board to attend one or more of Defendants’ full-time undergraduate programs was not fully covered by the combination of any types of financial aid or merit aid (not including loans) in any undergraduate year.

The Class Period is defined as follows:

  • For Chicago, Columbia, Cornell, Duke, Georgetown, MIT, Northwestern, Notre, Rice, Vanderbilt, Yale – from Fall Term 2003 through the date the Court enters an order preliminarily approving the Settlement.
  • For Brown, Dartmouth Emory – from Fall Term 2004 through the date the Court enters an order preliminarily approving the Settlements.
  • For Caltech – from Fall Term 2019 through the date the Court enters an order preliminarily approving the Settlement.
  • For Johns Hopkins – from Fall Term 2021 through the date the Court enters an order preliminarily approving the Settlement.

Excluded from the Class are:

  • Any Officers and/or Trustees of Defendants, or any current or former employees holding any of the following positions: Assistant or Associate Vice Presidents or Vice Provosts, Executive Directors, or Directors of Defendants’ Financial Aid and Admissions Offices, or any Deans or Vice Deans, or any employees in Defendants’ in-house legal offices; and
  • the Judge presiding over this action, his or her law clerks, spouse, and any person within the third degree of relationship living in the Judge’s household and the spouse of such a person.

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15 Comments On "New $284,000,000 Settlement: If You Received Financial Aid From Columbia, Penn, Yale, Cornell, And 13 Other Colleges, Claim $2,000 Now!"

All opinions expressed below are user generated and the opinions aren’t provided, reviewed or endorsed by any advertiser or DansDeals.

Dan is the Man

Not Touro?

Anon

NYU not on the list

Backround Please

Can you post a background to this settlement ? It sounds like a cool story .

Avi2

Do you have the link to the actual class action information, not a third to party

Gaby
Abba
Flyerman
Judy

Thanks for posting! ClaimsHero is a third party — looks like there are attorney fees taken from the claim awards. Is there a way to apply for the award ditectly? Not through a 3rd party?

Ray

Yes this looks like a lawyer trying to take their own additional piece of your share. This is not a normal way to participate in a class action.

Gaby

Please note: from the linked website “There are no out-of-pocket fees by filing through ClaimsHero. If there is a recovery, you will receive your settlement share, less attorney fees.”
So they are taking a cut off your claim

Yitzy

BMG?

Donald

BMG isn’t a college

Kalman

Why’s it not a college?

Saul

Not really relevant to this post because BMG is simply not part of this settlement, but just to set the record straight:

Beth Medrash Govoha (BMG) is a 4 year institution accredited by CHEA through AARTS and by the USDE.
In addition to it’s obvious immense spiritual value as a Yeshiva, BMG has many graduates who have careers in law (including Harvard law grads), finance, and medicine among other fields.

https://www.chea.org/association-advanced-rabbinical-and-talmudic-schools-accreditation-commission

https://www.chea.org/beth-medrash-govoha

https://carnegieclassifications.acenet.edu/institution/beth-medrash-govoha/

https://en.wikipedia.org/wiki/Beth_Medrash_Govoha#:~:text=The%20yeshiva%20is,scholars.%5B4%5D

https://en.wikipedia.org/wiki/Bachelor_of_Talmudic_Law

Ploni

Waterbury?

wpDiscuz