Contractor profile

Nelnet Servicing LLC

FY2026 ended Sep 30 · data still posting · data as of 2026-11-01†

† DoD contract data posts to USAspending about 90 days after award.

prime recipient of federal awards · UEI MNXKQ62J7AE8 Source
$305.4M
Obligated
FY2026 · data still posting
1
Funding agencies
100%
From Education
0%
Non-competed
2
States
96%
In Nebraska
1
Industries

In FY2026, Nelnet Servicing LLC received $305.4M in federal awards from the Department of Education, with 96% of the work performed in Nebraska. Across FY2020 to FY2026 its recorded total is $1.9B. FY2026 ended Sep 30 and its data is still posting. Computed

Where this money comes from

Source
FUNDING AGENCIES
NELNET SERVICING LLC
Education
$0.3B
Nelnet Servicing LLC
$0.3B
FY2026 obligated
band width = obligations · FY2026 · source: USASpending.gov

Where the work lands

Source
Nebraska$293.1M

Key takeaways

Computed
FY2026 ended Sep 30 · data still posting · data as of 2026-11-01
  • Nelnet Servicing LLC received $305.4M in federal obligations in FY2026 (data still posting), compared with $397.2M in FY2025.
  • The Department of Education accounted for 100% of it.
  • Its largest recorded industry was Other Activities Related to Credit Intermediation, at $305.4M.
  • Nebraska was its largest place of performance, with 95% of the work.

Obligations by year

Computed
$153.3M
FY20
$240M
FY22
$350.6M
FY23
$407.4M
FY24
$397.2M
FY25
$305.4M
FY26 partial
▲ 159%
FY20 to FY25

Awards

Source

Largest FY2026 awards

Awards that started in FY2026, by the amount obligated on each so far.

What it does (NAICS / PSC)

Competition

0%non-competed (often called no-bid), of $305.4M in contract obligations in FY2026Computed

This describes how contracts were awarded, not wrongdoing.

Similar federal contractors

Computed

Corporate family

Single registration: no combined family.

Related

Why the labels? The graph is only worth anything if the links are trusted. Facts taken straight from a federal filing are Source; figures we calculate are Computed; links we infer (corporate parents, districts, similar contractors, connections between records) are Inferred, worded carefully, never asserted as fact and never a claim that one thing caused another. Spot an error? Tell us.