Government Education Loan Servicing
Nelnet has been servicing student loans and providing loan servicing technology platforms for 30 years. Our U.S.-based associates provide customer-focused, high-quality loan servicing through our process-based business operations and experienced technology teams.
Nelnet offers services both as a full-system vendor for government education loan servicing as well as a system vendor for those businesses seeking robust software to manage the servicing process.
As a full-service vendor, Nelnet student loan servicing including application processing, conversion loan adds, underwriting, fund disbursement, customer service, account maintenance, federal reporting and billing collections, payment processing, default aversion, claim filing, and recovery/collection services. These activities are performed internally for Nelnet’s portfolio and for third-party clients, including the Department of Education.
Currently, 24 student loan organizations utilize our software platforms to self-service over $90 billion in loan volume. To support these customers, our systems are flexible and easily modified to satisfy new requirements within short timeframes. Technology associates are experienced and knowledgeable in the industry as well as in multiple existing and emerging technologies, which allows for quick responses and timely delivery of customer needs.