You may be eligible for a payout if you received need based financial aid from one of 17 schools.
Est. Claim:
$2,000
Total Eligible:
200,000+
Note: ClaimsHero is no longer accepting submissions for this settlement. You may still be able to apply directly with the claims administrator.
Current and former students of 17 universities are eligible for a settlement that alleges these universities conspired with each other to reduce the amount of need-based aid they provided to students, resulting in the artificial inflation of the price of attendance. If you received need-based aid from one of these universities, you may qualify to claim part of this 9-figure settlement!
You may qualify if you went to or attend one of the below schools
Brown
CalTech
Columbia
Cornell
Dartmouth
Duke
Emory
Georgetown
Johns Hopkins
MIT
Northwestern
Notre Dame
Rice
UChicago
UPenn
Vanderbilt
Yale
Note: ClaimsHero is no longer accepting submissions for this settlement. You may still be able to apply directly with the claims administrator.
Current and former students of 17 universities are eligible for a settlement that alleges these universities conspired with each other to reduce the amount of need-based aid they provided to students, resulting in the artificial inflation of the price of attendance.
If you received need-based aid from one of these universities, you may qualify to claim part of this 9-figure settlement!
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You can review the full notice here.
Certain current and former financial aid recipients brought a proposed class action lawsuit in January 2022 against Brown University, California Institute of Technology, University of Chicago, Columbia University, Cornell University, Dartmouth College, Duke University, Emory University, Georgetown University, Johns Hopkins University, Massachusetts Institute of Technology, Northwestern University, University of Notre Dame, University of Pennsylvania, William Marsh Rice University, Vanderbilt University, and Yale University (the "Defendants" or "Universities").
The lawsuit alleges that the Universities conspired in violation of the federal antitrust laws regarding principles, formulas, and methods of determining financial aid. The Action also alleges that as a result, the Universities provided less financial aid than they would have provided had there been full and fair competition. The Universities have alleged that Plaintiffs' claims lack merit; that the Universities' financial aid policies were legal and pro-competitive, and financial aid awards were not artificially reduced; that the Universities have valid defenses to Plaintiffs' allegations; and that Plaintiffs' claims would have been rejected prior to trial, at trial, or on appeal.
Plaintiffs have reached settlement agreements ("Settlements") with Brown University ("Brown"), University of Chicago ("Chicago"), the Trustees of Columbia University ("Columbia"), Trustees of Dartmouth College ("Dartmouth"), Duke University ("Duke"), Emory University ("Emory"), Northwestern University ("Northwestern"), William Marsh Rice University ("Rice"), and Vanderbilt University ("Vanderbilt"), Yale University ("Yale"). As part of the Settlements:
The Settlements will provide cash payments to members of the Settlement Class who submit valid and timely claim forms later in the process. Payments for claims will vary depending on a number of factors. Assuming that about half of the 200,000 Settlement Class members submit timely claims (at a later date), and that the Court awards the attorneys' fees and costs as requested, the average claimant will receive about $2,000 from these Settlements.
Because the Plaintiffs allege an antitrust conspiracy where Plaintiffs allege that Defendants would be joint and severally liable, the amount of money any member of the Settlement Class receives is not directly related to the amount of money that the institution that person attended paid in settlement. The parties have agreed to ask the Court that any funds remaining after an initial distribution to the Settlement Class that are unable to be efficiently distributed to the Settlement Class be given, with the Court's approval, to charitable causes that promote access to higher education for disadvantaged students and families.
ClaimsHero is a consumer rights platform that simplifies the claim submission and settlement process. We fill out your forms, submit your claim to the claims administrator, handle the claim from end-to-end, and represent and protect your interest to maximize your recovery.
We also help validate your claim, manage all communications, make sure you don't miss any filing deadlines, and keep you apprised of any future settlements or judgements that may arise. We do this by leveraging our team of experienced lawyers and technical engineers.
For this case, ClaimsHero is a third-party. It has not been appointed by the court and has no affiliation with class counsel.
You don’t pay a fee unless there is a recovery. If you get a recovery, we will deduct 25% of your settlement share and send you the remaining 75%.
Please note: You do not need to use ClaimsHero to apply for your settlement and can submit for free directly to the official claims administrator here: https://www.financialaidantitrustsettlement.com/. ClaimsHero is NOT the official claims administrator, but a third-party filing service. You are entitled to contact the claims administrator or settlement class counsel for assistance with understanding and filing your claim form at no cost to you. For more information, you can visit the settlement administrator’s website linked above.
We're dedicated to helping you get the compensation you deserve without any upfront out of pocket fees.
By utilizing ClaimsHero, you will both ensure that you collect your settlement and that your rights are represented in further litigation.
Yes, ClaimsHero is an Arizona law firm.
After you submit the requested information on our form, ClaimsHero manages the remainder of the claims process for you:
According to the court-appointed claims administrator, payments for claims will vary depending on a number of factors. Assuming that about half of the 200,000 Settlement Class members submit timely claims, and that the Court awards the attorneys’ fees and costs as requested, the average claimant will receive about $2,000 from these Settlements.
All U.S. citizens or permanent residents who have during the Class Period:
The Class Period is defined as follows:
Excluded from the Class are:
ClaimsHero will share your information with the claims administrator when we submit your claim.
Below are some important court filings that you can review:
For more information, you can visit the settlement administrator's website.
As fellow alumni of these schools, we are also proud of our universities and appreciate the opportunities they've afforded us. That said, if you qualify for a settlement check in this case, then you may have overpaid for your college tuition. This settlement money is already allocated and will be paid by your school whether you claim it or not.
If you have more questions, feel free to reach out to our support team for detailed assistance and guidance.
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