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Department of Education Awarded a Contract to NELNET SERVICING LLC for $205,093,501.64
Signed on
3/31/2026, 12:00 AM
NELNET SERVICING LLC Government Contract #91003126F0022
NELNET SERVICING LLC was awarded a contract with the United States Government for $205,093,501.64. 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 based in Lincoln, Nebraska. The contract, awarded by the Department of Education, is for operations and maintenance task order related to student loan servicing. The total contract amount is $205,093,501.64. Notable transactions include multiple financial disbursements to Nelnet Servicing LLC, with transaction amounts ranging from $10,735.29 to $2,635,368.82.
Contract Details
Agency Details
Recipient Details
Comments
Award Transactions
Department of Education, a sub agency of Department of Education, issued a payment of $2,115,739.59 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.
Department of Education, a sub agency of Department of Education, issued a payment of $2,630,368.82 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.
Department of Education, a sub agency of Department of Education, issued a payment of $10,735.29 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.
Department of Education, a sub agency of Department of Education, issued a payment of $82,354.94 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.
Department of Education, a sub agency of Department of Education, issued a payment of $200,254,303.00 to NELNET SERVICING LLC. The payment included a Subsidy Cost of $0.00.