Nelnet Servicing LLC
Federal Contractor · Rank #215
Nelnet Servicing LLC Federal Spending Profile
Nelnet Servicing LLC is a mid-sized federal recipient, with $407.4M in total federal obligations spread across 9 awards reported on USAspending.gov. That places Nelnet Servicing LLC #215 among federal contractors ranked by total obligations.
Every one of Nelnet Servicing LLC's 9 federal awards is a procurement contract rather than a grant — the company sells goods or services to the government rather than receiving grant funding.
Nelnet Servicing LLC's federal work runs through a single agency relationship: Department of Education. With no other agency customers in the record, the company's federal revenue rises or falls with that one relationship.
What the federal government buys from Nelnet Servicing LLC is led by Other Services ($1.6B), followed by IT & Software ($51.9M); together these categories describe the goods and services the company is paid to deliver.
The most recent 9 awards on record include a $983.7M contract from the Department of Education, the company's largest single award in that window.
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Spending by Agency
Recent Awards
| Description | Agency | Start Date | Amount |
|---|---|---|---|
| PROVIDE DIRECT LOAN SERVICES SUCH AS CALL CENTER AND FINANCIAL REPORTING - NELNET FROM 12/15/2019 THROUGH 12/14/2020 | Department of Education | Nov 26, 2019 | $983.7M |
| OPERATIONS AND MAINTENANCE (O&M) TASK ORDER FOR STUDENT LOAN SERVICING IN ACCORDANCE WITH THE REQUIREMENTS OF THE USDS CONTRACT. ALL WORK AND DELIVERABLES PROVIDED MUST BE IN ACCORDANCE WITH THE REQUIREMENTS OF THE CONTRACT FOR THE TASK ORDER. | Department of Education | Jul 1, 2024 | $392.4M |
| THE PURPOSE OF THIS TASK ORDER IS TO PROVIDE FUNDING FOR TITLE IV AID SERVICING FOR BORROWERS UNDER THE TOTAL&PERMANENT DISABILITY (TPD) PROGRAM, THROUGH APPROXIMATELY JANUARY 31, 2020. | Department of Education | Dec 16, 2019 | $93.6M |
| OPERATIONS AND MAINTENANCE (O&M) TASK ORDER FOR STUDENT LOAN SERVICING IN ACCORDANCE WITH THE REQUIREMENTS OF THE USDS CONTRACT. ALL WORK AND DELIVERABLES PROVIDED MUST BE IN ACCORDANCE WITH THE REQUIREMENTS OF THE CONTRACT FOR THE TASK ORDER. | Department of Education | Apr 1, 2024 | $79.3M |
| SPECIALTY TASK SERVICES (STS) TASK ORDER IS FOR IMAGE REPOSITORY, DECOMMISSIONED SERVICER DATA AND PAYMENT SUPPORT, FFEL GUARANTY AGENCY REHABILITATION LOAN PURCHASES, AND LEGACY LOAN CONSOLIDATION ORIGINATION AND DISBURSEMENT SUPPORT FUNCTIONS. | Department of Education | Apr 1, 2024 | $49.9M |
| THE INITIAL TASK ORDER IS A FIRM-FIXED PRICE TASK ORDER FOR THE TASKS AND DELIVERABLES REQUIRED FOR THE USDS SERVICER TO BECOME PERFORMANCE READY, ATTAIN ITS AUTHORIZATION TO OPERATE (ATO), AND ACHIEVE GO-LIVE (GO- LIVE) OF ITS SERVICING SYSTEM. | Department of Education | Apr 25, 2023 | $18.7M |
| THE PURPOSE OF THIS NEW TASK ORDER IS TO PROVIDE FUNDING FOR LOAN CONSOLIDATION SERVICES, THROUGH APPROXIMATELY JANUARY 31, 2020. | Department of Education | Dec 16, 2019 | $13.8M |
| THE PURPOSE OF THIS TASK ORDER IS TO PROVIDE FUNDING FOR TITLE IV AID SERVICING FOR DATA STORAGE SERVICES, THROUGH APPROXIMATELY JANUARY 31, 2020. | Department of Education | Dec 16, 2019 | $2.0M |
| THE PURPOSE OF THIS TASK ORDER IS TO PROVIDE FUNDING FOR PAYMENT SUPPORT SERVICES, THROUGH APPROXIMATELY JANUARY 31, 2020. | Department of Education | Dec 16, 2019 | $200K |
All federal spending data sourced from USAspending.gov, the official source for federal award data as mandated by the Government Accountability Office.
Nelnet Servicing LLC Federal Contracts FAQ
Nelnet Servicing LLC has received $407,359,352 in total federal obligations across 9 awards and 9 contracts.
Nelnet Servicing LLC works with 1 federal agencies, including Department of Education. The largest agency relationships are based on total dollar obligations.
Nelnet Servicing LLC has received federal awards in multiple states.
Nelnet Servicing LLC is ranked #215 among the largest federal contractors by total obligation amount. Rankings are based on USASpending.gov data for FY2024.
Explore Other Federal Contractors
Spending figures represent total federal obligations for FY2024, as reported through USASpending.gov. Rankings are based on aggregate obligation amounts across all contract, grant, and direct payment awards.