$9.95M National Student Clearinghouse data breach class action settlement

National Student Clearinghouse agreed to a $9.95 million class action lawsuit settlement to resolve claims that it failed to protect consumers from a 2023 MOVEit data breach.

The National Student Clearinghouse settlement benefits individuals whose Social Security numbers were included in the files affected by the MOVEit data breach between May 28 and May 31, 2023.

During the National Student Clearinghouse data breach, hackers allegedly gained access to the MOVEit file transfer software used by the company and compromised sensitive information, including Social Security numbers. 

Plaintiffs in the data breach class action lawsuit claim that National Student Clearinghouse could have prevented the breach through reasonable cybersecurity measures.

National Student Clearinghouse is a nonprofit organization that helps students, schools and employers access educational data.

National Student Clearinghouse has not admitted any wrongdoing but agreed to a $9.95 million class action settlement to resolve the allegations.

Under the terms of the National Student Clearinghouse settlement, class members can receive reimbursement for ordinary and extraordinary losses resulting from the data breach.

Class members can receive up to $2,500 for ordinary losses, including bank fees, communication charges, credit monitoring costs and up to four hours of lost time at a rate of $25 per hour. Class members who experienced extraordinary losses can receive up to $10,000 for larger losses, including unreimbursed monetary losses, fraud damages, professional fees and credit repair fees.

Class members who do not wish to claim reimbursement can receive a $100 alternative cash payment, which may increase or decrease depending on the number of claims filed.

In addition to monetary benefits, all class members are eligible for two years of free credit monitoring and identity theft protection services through the settlement. These services include three-bureau monitoring, real-time alerts and up to $1 million in identity theft insurance.

The deadline for exclusion and objection is April 25, 2025.

The final approval hearing for the National Student Clearinghouse data breach settlement is scheduled for May 12, 2025.

To receive settlement benefits, class members must submit a valid claim form by May 26, 2025.

Who’s Eligible

Individuals whose Social Security number was included in the files affected by the MOVEit security incident between May 28 and May 31, 2023.

Potential Award

Up to $12,500 in reimbursement.

Proof of Purchase

Documentation of losses, such as bank statements, invoices, receipts or phone records.

Claim Form

NOTE: If you do not qualify for this settlement do NOT file a claim.

Remember: you are submitting your claim under penalty of perjury. You are also harming other eligible Class Members by submitting a fraudulent claim. If you’re unsure if you qualify, please read the FAQ section of the Settlement Administrator’s website to ensure you meet all standards (Top Class Actions is not a Settlement Administrator). If you don’t qualify for this settlement, check out our database of other open class action settlements you may be eligible for.

Claim Form Deadline

05/26/2025

Case Name

In re: MOVEit Customer Data Security Breach Litigation, Case No. 1:23-md-03083-ABD-PGL, and Evangelista v. National Student Clearinghouse, et al., Case No. 1:23-cv-12993-ADB, both in the U.S. District Court for the District of Massachusetts

Final Hearing

05/12/2025

Settlement Website

NSCSettlement.com

Claims Administrator

MOVEit National Student Clearinghouse
Settlement Administrator
P.O. Box 2878
Portland, OR 97208-2878
888-366-9156

Class Counsel

Charles E. Schaffer
LEVIN SEDRAN & BERMAN LLP

E. Michelle Drake
BERGER MONTAGUE P.C.

Karen H. Riebel
LOCKRIDGE GRINDAL NAUEN PLLP

Douglas J. McNamara
COHEN MILSTEIN SELLERS & TOLL PLLC

Gary F. Lynch
LYNCH CARPENTER LLP

Defense Counsel

Neil K. Gilman
Leslie Kostyshak
Perie Reiko Koyama
HUNTON ANDREWS KURTH LLP