Nelnet Agrees to $10M Settlement Over Data Security Incident Affecting Millions

Nelnet Agrees to $10M Settlement Over Data Security Incident Affecting Millions

First seen 5 Mar 2026, 11:11 UTC CtinsiderMysanantonio 63.8

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Nelnet, a major student loan servicer, has reached a $10 million settlement related to a data security incident that occurred in 2022, affecting millions of Texans. The settlement comes nearly four years after the breach, which compromised sensitive customer information.

Timeline

2022-01-15
Data security incident at Nelnet reported
2022-06-10
Customers notified of potential data breach
2026-03-04
Nelnet agrees to $10 million settlement
2026-03-05
Last day to file claims for the settlement