--- title: Donald Trump: Settlement Deadline Days Before Inauguration description: The deadline for Donald Trump to pay $25 million in the Trump University settlement is Jan. 18—two days before he will be sworn in president canonical: https://time.com/4607958/donald-trump-university-settlement/ author: Katie Reilly article:opinion: false article:content_tier: free article:published_time: 2016-12-20T17:01:31.000Z article:modified_time: 2026-10-07T06:57:04.047Z article:section: Politics og:title: Trump Will Have to Pay a Big Settlement Just 2 Days Before He’s Sworn In og:description: He's about to shell out $25 million og:url: https://time.com/4607958/donald-trump-university-settlement/ og:site_name: TIME og:image: https://static.time.com/v3/assets/bltea6093859af6183b/blt6d0955c7b5cb6a9a/6988b38fa988cae06c6ba7dd/donald-trump-university-settlement.jpg?branch=production&width=1200&quality=75&auto=webp&crop=16:9 og:image:width: 5568 og:image:height: 3132 og:image:alt: US-POLITICS-TRUMP og:type: article twitter:card: summary_large_image twitter:title: Trump Will Have to Pay a Big Settlement Just 2 Days Before He’s Sworn In twitter:description: He's about to shell out $25 million twitter:image: https://static.time.com/v3/assets/bltea6093859af6183b/blt6d0955c7b5cb6a9a/6988b38fa988cae06c6ba7dd/donald-trump-university-settlement.jpg?branch=production&width=1200&quality=75&auto=webp&crop=16:9 ---  # Donald Trump Will Have to Pay His Trump University Settlement Just 2 Days Before He’s Sworn In > Sponsored content. 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It explains the politics, personalities and power dynamics behind the headlines, twice a week. #### Where can I get analysis of Washington politics by email? D.C. Brief is TIME's free Washington politics newsletter, available at time.com/newsletters. It is written by a TIME senior correspondent who covers the capital full time. #### Who writes TIME's D.C. Brief? Philip Elliott, a senior correspondent at TIME, writes D.C. Brief. #### Is D.C. Brief free? Yes. D.C. Brief is free at time.com/newsletters. ### Sources * TIME Newsletters: [time.com/newsletters](/c/time-nl-dcbrief-2026q3/newsletters?i=13f0f7c5-25d4-4bae-8570-0c2fbbc5a314&cr=time-nl-dcbrief-2026q3-v1) ## Video: Donald Trump Runs for President: A Look Back [Watch (HLS stream): Donald Trump Runs for President: A Look Back](https://cdn.jwplayer.com/manifests/dgn8DCbB.m3u8) (7:19)  _Published 2016-10-31. In one of the most shocking U.S. elections in modern political history, Donald Trump has defeated Hillary Clinton._  by [Katie Reilly](https://time.com/author/katie-reilly/)  ## Katie Reilly Dec 20, 2016 5:01 PM UTC In one of the most shocking U.S. elections in modern political history, Donald Trump has defeated Hillary Clinton.  by [Katie Reilly](https://time.com/author/katie-reilly/)  ## Katie Reilly Dec 20, 2016 5:01 PM UTC The deadline for [Donald Trump](http://time.com/time-person-of-the-year-2016-donald-trump/?xid=homepage) to pay a $25 million settlement in the [Trump University lawsuit](http://time.com/4576543/donald-trump-university-lawsuit-settlement/) is Jan. 18—two days before he will be sworn in as President of the United States. The settlement, details of which were filed Monday in federal court, dictates that $25 million be paid to the plaintiffs’ lawyers by Jan. 18, 2017, [Politico reports](http://www.politico.com/blogs/under-the-radar/2016/12/trump-university-settlement-filed-232839), citing [legal documents](http://www.politico.com/f/?id=00000159-1a15-df68-a979-baff39a00002). Trump’s [inauguration](http://time.com/4607439/donald-trump-inauguration-sons-nonprofit-texas/) will take place on Jan. 20. The settlement marks the conclusion of three lawsuits against Trump’s now-defunct for-profit real estate seminar, alleging that Trump University [defrauded students](http://time.com/4353116/trump-university-documents-released/). Plaintiffs in the class-action suits are estimated to receive refunds worth half of what they paid to Trump University. Of the total, $4 million will be paid to settle the state lawsuit brought by New York Attorney General Eric Schneiderman. Trump and Trump University did not admit any wrongdoing in the settlement. “By any metric, this is a fair, adequate, and reasonable settlement,” attorneys for both parties wrote in the [motion](http://www.politico.com/f/?id=00000159-1a15-df68-a979-baff39a00002) filed Monday. “Both Plaintiffs and Defendants believe in the merits of their cases and compromised to reach this result.” ## Transcript [00:00] I am officially running Aah, yeah [ APPLAUSE ]. [00:04] for President of the United States [ APPLAUSE ] and [00:08] we are going to make our country great again. The [00:13] American Dream is dead, but [00:18] if I get elected President I will bring it back [00:22] bigger and better and stronger than [00:27] ever before and we will make America [00:31] great again. I was called by a major [00:35] major reporter whose name I won't use. And he said to [00:38] me what you've done has never been done Male 1: In [00:41] the history of United States politics. And more and [00:44] more people are resonating to what I'm saying. That's [00:47] why I'm leading in every poll. We will have so much [00:50] winning if I get elected that you may get bored with [00:53] winning. I think I have to win. I'm about winning. Male [00:57] 2: It's been amazing to follow and exciting because [01:00] you say some shocking Things [ LAUGH ] You've called [01:04] women you don't like fat pigs, dogs, slabs, [01:09] and disgusting animals. Your Twitter account. Only [01:12] Rosie O'Donnell Look at those hands, are they small [01:15] hands? [01:17] And he referred to my hands, if they're small [01:21] something else must be small. I guarantee you there's [01:23] no problem there, I guarantee it. I could stand in the [01:26] middle of Fifth Avenue and shoot somebody and I [01:28] wouldn't lose any voters okay? You gotta see this guy, I [01:31] don't know what I said. I don't remember. [ APPLAUSE ] [01:36] Here's a guy throwing punches, nasty as hell, [01:38] screaming and everything else when we're talking. I [01:41] mean what can happen, and we're not allowed, you [01:43] know the guards are very gently with him, he's walking [01:45] out like big high fives. Smiling, laughing, like to punch [01:49] him in the face. [ APPLAUSE ] [01:52] USA! [01:54] USA! [01:56] USA! When [02:01] Mexico sends their people, they're not bringing their [02:04] best. They're sending drugs, they're bringing crime, [02:08] they're rapist. I will build a great great wall On [02:12] our southern border. And I will have Mexico pay for [02:15] that wall. The former president of Mexico Vicente Fox, [02:19] he said today, and I'm quoting him. He said, I'm not [02:22] going to pay for that quote, F'ing wall. How [02:27] are you going to make them pay for the wall? I will and [02:31] the wall just got ten feet taller, believe me. Zero [02:35] tolerance for criminal aliens, zero, zero. [02:39] Now a different threat challenges the whole world. [02:43] Radical Islamic Terrorism. Donald J Trump [02:47] is calling for a total and complete shut down. Of [02:52] Muslims entering the United States. Donald Trump, let [02:56] me ask you, have you even read [03:00] the United States Constitution? You have sacrificed [03:03] nothing, and no one [ APPLAUSE ] I think I've made a [03:10] lot of sacrifices. I work very, very hard. I've [03:14] created thousands and thousands of jobs, tens of [03:17] thousands of jobs. Built great structures. I've [03:22] had tremendous success. Those are sacrifices? Sure [03:26] I think they're sacrifices. [ MUSIC ] As [03:32] the proud daughter of your nominee I am here to tell [03:35] you this is the moment and Donald Trump is the [03:39] person to make America great again. [ LAUGH ] I [03:43] humbly and gratefully accept. Your [03:48] nomination for the presidency of the United States. And [03:53] we will make America great again. God Bless [03:57] you and good night. I love you. [ Music ] [04:04] Ladies and gentlemen, the Republican nominee for [04:07] President, Donald J. Trump. And the Democratic [04:10] nominee for President Hilary Clinton .>> You're telling [04:13] the enemy everything you wanted to do .>> No we're [04:15] not .>> See. you're telling the enemy everything you [04:18] wanted to do .>> There are different .>> Secretary, [04:18] is it President Obama's fault? Wrong >> That is [04:22] absolutely Wrong .>> Prove over and over again. [04:25] Wrong. I also have a much better temperament than [04:27] she has, you know? If Hillary knew how she would have [04:31] done it already, period, end of story. I won the debate, [04:33] I stayed calm just like I promised, and it is over. [04:37] Goodnight, [ INAUDIBLE ]. [ LAUGH ] I better use some [04:40] Tic Tacs just in case I start kissing her. You know I'm [04:44] automatically attracted to beautiful. I just start kissing [04:46] them. It's like a magnet. [ LAUGH ] Just kiss. I don't [04:49] even wait. And when you're a star they let you do it. [04:51] You can do anything. Whatever you want. Grab them [04:53] by the ****. I've said and done things I regret, and the [04:57] words released today on this more than a decade old [05:00] video Are one of them. This is nothing more than a [05:03] distraction from the important issues we're facing [05:05] today. You bragged that you have sexually assaulted [05:08] women, do you understand that? No I didn't say that at [05:11] all. I don't think you understood what was said. This [05:13] was lock Locker room talk .>> Just breaking a [05:15] damning report from the New York Times that claims [05:18] Donald Trump inappropriately touched two women, [05:20] the first nearly [ INAUDIBLE ] That more women now [05:22] accuse Donald Trump of improper physical [05:24] contact .>> The People Magazine writer who said that [05:26] Donald Trump kissed her and groped her in 2005 [05:29] while she was interviewing him and his then pregnant [05:31] wife Melania .>> These vicious claims About [05:36] me, of inappropriate conduct with women. Are [05:40] totally, and absolutely false. I didn't know [05:45] any of these women, I didn't see these women. And I [05:47] didn't even apologize to my wife, who's sitting right [05:50] here, cuz I didn't do anything. Thank you. Do you [05:52] make the same commitment that you will absolutely, [05:54] Sir, that you will absolutely accept the result of this [05:57] election? I will look at it at the time. I'm not looking at [06:00] anything now, I'll look at it at the time. And I will totally [06:03] accept the results of this great and [06:08] historic presidential election. If [06:13] I win. 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