I got an email about a NelNet Data Security Settlement. Is it real?

What should I do? Here's the whole email:

File your claim by March 5, 2026.

You may have recently received a mailed or emailed notice of a class action settlement regarding the Nelnet Data Security Incident. If so, according to the terms of that notice, you may be eligible to receive:

1. Reimbursement of ordinary losses up to $5,000; or
2. A cash payment for lost time up to $100; or
3. An alternative pro rata cash payment; or
4. Two (2) years of credit monitoring and identity restoration services from the proposed Settlement.

To receive a payment and/or credit monitoring and identity restoration services, you must complete and submit a Claim Form at www.NelnetSettlement.com. Your Claim Form must be postmarked or submitted online by March 5, 2026.

For more information visit the website, www.NelnetSettlement.com, where you will find the Claim Form, a copy of the Settlement Agreement, and answers to questions about the Settlement and other information to help you determine whether you are eligible for a payment or whether to exercise other rights. For more information, call toll-free 1-877-388-1763 or visit www.NelnetSettlement.com.