$6.5M Educational Computer Systems data breach class action settlement

Educational Computer Systems Inc. (ECSI) has agreed to a $6.5 million class action settlement to resolve claims it failed to protect consumers from a data breach.

The Educational Computer Systems settlement benefits individuals whose personal information was potentially accessed in the ECSI data breach between Oct. 29, 2023, and Feb. 12, 2024.

According to the data breach class action lawsuit, ECSI failed to protect consumer information from a data breach that occurred between October 2023 and February 2024. The breach allegedly compromised sensitive consumer information, including Social Security numbers.

Educational Computer Systems is a financial services company that offers loan servicing, payment processing and collections for higher educational institutes.

ECSI has not admitted any wrongdoing but agreed to a $6.5 million class action settlement to resolve the data breach class action lawsuit.

Under the terms of the Educational Computer Systems settlement, class members can receive reimbursement for out-of-pocket expenses and losses related to the ECSI data breach.

Class members who experienced documented losses as a result of the data breach can receive up to $5,000 in reimbursement. This includes bank fees, communication charges, travel expenses, credit-related costs and other losses.

Class members who did not experience documented losses can receive an alternative cash payment of around $100. The amount of these payments may vary depending on the number of claims filed with the settlement.

The deadline for exclusion and objection is Nov. 20, 2026.

The final approval hearing for the Educational Computer Systems settlement is scheduled for Jan. 11, 2027.

To receive settlement benefits, class members must submit a valid claim form by Dec. 21, 2026.

Who’s Eligible

The class action settlement benefits individuals who were residents of the United States whose personal information was potentially accessed in the Educational Computer Systems data breach between Oct. 29, 2023, and Feb. 12, 2024.

Potential Award

Up to $5,000 for documented out-of-pocket losses or a cash payment of approximately $100

Proof of Purchase

Credit card or bank statements, emails, invoices, receipts or telephone records. “Self-prepared documents,” such as handwritten receipts, are not sufficient to receive reimbursement, and claims based on such documents will be rejected by the settlement administrator.

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

12/21/2026

Case Name

Hood, et al. v. Educational Computer Systems Inc., Case No. 2:24-cv-00666-CCW, in the U.S. District Court for the Western District of Pennsylvania

Final Hearing

01/11/2027

Settlement Website

DataSettlementECSI.com

Claims Administrator

ECSI Security Incident Settlement Administrator
1650 Arch Street, Suite 2210
Philadelphia, PA 19103
877-726-4268

Class Counsel

Nicholas A. Colella
LYNCH CARPENTER LLP

Nickolas J. Hagman
CAFFERTY CLOBES MERIWETHER & SPRENGEL LLP

Defense Counsel

Robert Griest
KING & SPALDING LLP