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Department of Education Awarded a Contract to NELNET SERVICING LLC for $16,000,000,000.00

Signed on

4/24/2023, 12:00 AM

NELNET SERVICING LLC Government Contract #91003123D0005

NELNET SERVICING LLC was awarded a contract with the United States Government for $16,000,000,000.00. The contract was awarded by the agency office FSA ACQUISITIONS OFFICE, which is a division with the Department of Education within the Department of Education.

Summary of Award

The recipient of the federal contract is Nelnet Servicing LLC, a U.S.-owned business located in Lincoln, Nebraska. The contract, funded by the Department of Education, is for the Unified Servicing and Data Solution (USDS) to serve the servicing capabilities for FSA's student aid recipients, with a total value of $16 billion. Notable spending patterns from the list of transactions include multiple modifications to the contract, with no loan value and subsidy cost recorded so far.

Contract Details

Contract ID91003123D0005
Contract TypeIDV_B_B
Total Obligation$0.00
Exercised Options
Base Amount + Options$16,000,000,000.00
Date Signed2023-04-24
Contract DescriptionIDIQ CONTRACT ENTITLED THE UNIFIED SERVICING AND DATA SOLUTION (USDS) FOR SERVICING CAPABILITIES FOR FSA'S STUDENT AID RECIPIENTS.
Start Date2023-04-25
End Date2033-04-24

Agency Details

Awarding AgencyDepartment of Education
Awarding Sub AgencyDepartment of Education
Awarding OfficeFSA ACQUISITIONS OFFICE
Funding AgencyDepartment of Education
Funding Sub AgencyDepartment of Education
Funding OfficeFEDERAL STUDENT AID

Recipient Details

RecipientNELNET SERVICING LLC
Recipient Location121 S 13TH ST LINCOLN NEBRASKA, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Limited Liability Corporation, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00054 | $0.00May 11, 2026

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00053 | $0.00April 27, 2026

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00052 | $0.00April 17, 2026

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00051 | $0.00April 10, 2026

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00050 | $0.00February 19, 2026

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00049 | $0.00January 16, 2026

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00048 | $0.00January 6, 2026

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00047 | $0.00September 5, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00046 | $0.00September 5, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00045 | $0.00August 19, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00042 | $0.00June 3, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00044 | $0.00May 27, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00043 | $0.00May 12, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00041 | $0.00May 12, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00040 | $0.00February 12, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00039 | $0.00December 23, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00038 | $0.00November 27, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00037 | $0.00October 17, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00035 | $0.00September 23, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00036 | $0.00September 20, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00034 | $0.00September 19, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00033 | $0.00August 20, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00032 | $0.00August 20, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00031 | $0.00July 24, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00030 | $0.00July 17, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00029 | $0.00July 8, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00028 | $0.00June 3, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00027 | $0.00May 29, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00026 | $0.00May 29, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00025 | $0.00May 23, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00023 | $0.00May 21, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00024 | $0.00May 21, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00022 | $0.00April 16, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00021 | $0.00April 4, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00020 | $0.00March 26, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00019 | $0.00March 22, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00018 | $0.00March 15, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00017 | $0.00February 22, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00016 | $0.00February 13, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00015 | $0.00January 31, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00014 | $0.00January 18, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00013 | $0.00January 12, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00012 | $0.00December 20, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00011 | $0.00December 19, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00010 | $0.00December 4, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00009 | $0.00October 23, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00008 | $0.00October 11, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00007 | $0.00September 29, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET DIVERSIFIED SOLUTIONS, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00006 | $0.00September 22, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET DIVERSIFIED SOLUTIONS, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00005 | $0.00September 13, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET DIVERSIFIED SOLUTIONS, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00004 | $0.00September 8, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET DIVERSIFIED SOLUTIONS, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003 | $0.00August 30, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET DIVERSIFIED SOLUTIONS, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00002 | $0.00June 29, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET DIVERSIFIED SOLUTIONS, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001 | $0.00May 24, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET DIVERSIFIED SOLUTIONS, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0 | $0.00April 24, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to NELNET DIVERSIFIED SOLUTIONS, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.