Story · Yale University
Students from 10 Elite Schools Begin Receiving Payments from $284 Million Financial Aid Price-Fixing Settlement
Current and former students who attended 10 elite U.S. universities, including Yale, Brown, and Columbia, began receiving payments on July 20, 2026, as part of a $284 million antitrust settlement. The settlement resolves allegations that the schools engaged in price-fixing by coordinating financial aid packages, which limited competition and inflated costs for students. The payments are being distributed to eligible students who were affected by the alleged scheme. The case highlights ongoing scrutiny of college admissions and financial aid practices among prestigious institutions.
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