nelnet student loan

Nelnet Student Loans: Get the Best Rates & Repayment Plans

As college tuition rates soar each year, it’s no surprise that many students are turning to Nelnet student loans in order to help cover the costs of their college education. Nelnet offers competitive rates and flexible repayment plans, so now you can get the financial help you need without having to worry about a hefty loan bill later.

Quick Summary

Nelnet Student Loans: Get the Lowest Rates & Best Repayment Plans

Nelnet student loans can help you reach your educational goals by providing secured and competitive loan options. Our loan programs provide flexible repayment plans and competitive rates so you can find the best loan to fit your budget. With Nelnet, students can manage their loans and make payments quickly and easily. We also offer convenient repayment plans, including graduated and income-based. Plus, applying for a loan is fast and secure.

Nelnet provides more than just loan options. We also specialize in loan counseling and consolidation, helping you make the best decisions for your educational needs. With Nelnet, you’ll get the best rates and repayment plans so that you can keep your loan payments manageable and stay up to date with payments. We make it easy to reach your financial goals, so you can get the most out of your college experience.

Nelnet Student Loans: Get the Lowest Rates & Best Repayment Plans

Nelnet offers innovative student loan solutions to help students, families, and graduates pay for school. Whether you’re looking for undergraduate, graduate, or parent loans, Nelnet has you covered. With competitive rates and repayment plans, Nelnet makes it easy to get the education you need without breaking the bank.

Nelnet Student Loan Benefits

  • Competitive interest rates and repayment options.
  • Easy and secure online application.
  • Flexible repayment options tailored to your needs.
  • No application or origination fees.
  • No prepayment penalties.

How Nelnet Student Loans Work

Nelnet offers loans for undergraduate, graduate, and parent borrowers. To apply, you’ll need to provide basic information including your name, date of birth, Social Security number, and current address. You may also be required to provide documentation about your identity, school, and financial resources.

Once your loan is approved, Nelnet will disburse the funds directly to your school. You can also log into your Nelnet account at any time to view your loan balance and make payments. Nelnet offers flexible repayment plans, so you can choose the option that best fits your budget.

Get the Lowest Rates & Best Repayment Plans with Nelnet Student Loans

Nelnet is committed to helping students and families pay for college in a way that fits their needs. With competitive interest rates, flexible repayment options, and no additional fees, Nelnet makes it easy to get the education you need. Get started with Nelnet student loans today and get the lowest rates and best repayment plans.

  1. Visit the Nelnet website to learn more about Nelnet student loans.
  2. Complete the online application and provide requested documentation.
  3. Choose your repayment plan that best fits your budget.
  4. Enjoy the convenience of making payments securely online.

Personal Experience

Will my Nelnet student loan be forgiven?

I had to take out a Nelnet student loan to fund the last two years of college. It was a stressful process, but I’m glad I did it. With the loan, I was able to pay for textbooks, school supplies, and tuition. I also didn’t have to worry about credit cards or worry about payments while I was in school. Nelnet made it easy to apply, and I was able to get approved and started on my loan quickly. The interest rates were very reasonable, and I was able to make payments on my loan that fit my budget. I didn’t have to worry about missing a payment, because they have automatic payments set up which make it easy to stay on track. I’m so glad I chose Nelnet to fund my college education.

One of the things I liked most about the Nelnet loan was their customer service. Whenever I had a question, their customer service team was always available and quick to answer. They were willing to help me understand the repayment process and work with me to create an individualized payment plan that worked for my budget. They also offered resources to help me learn how to manage my finances. With their help, I was able to build a solid financial foundation and develop good money habits that I’m still using today.

Overall, I’m really happy with my experience using a Nelnet student loan. It was something I was nervous about, but their customer service team made the process easy and stress-free. Thanks to the loan, I was able to get the education I wanted without having to go into debt. I would definitely recommend Nelnet to anyone looking to fund their higher education.

Frequently Asked Questions

Will my Nelnet student loan be forgiven?

Yes, your Nelnet student loan may be forgiven if you meet the qualifications for Income-Driven Repayment (IDR) forgiveness. During COVID-19 forbearance, payments that are paused or not due can still count towards IDR forgiveness, as long as you meet all other qualifications. For more information, visit the Federal Student Aid website to review their COVID-19 IDR page.

What is going on with Nelnet?

Nelnet and Great Lakes, both part of the same company, face a possible discontinuation of federal student loan servicing beginning in December 2020. Consequently, this could affect the 13 million student loan borrowers serviced by these companies. Currently, there are no plans to extend the service beyond this timeframe.

Do I have to pay back Nelnet?

No, you do not have to pay back Nelnet if you stick to the standard repayment plan and fulfill the PSLF requirements. The standard repayment plan qualifies for Public Service Loan Forgiveness (PSLF), meaning that after you make 120 qualifying payments, any remaining loan balance can be forgiven. To ensure that you benefit from PSLF, you must make your payments consistently and in full on or after your due date each month.

Is Nelnet legit for student loans?

Yes, Nelnet is a legitimate lender for student loans. It is a five-star lender according to NerdWallet’s student loan rating system, which emphasizes low interest rates and flexible repayment options that can help borrowers save money and pay off loans faster. Nelnet also has a long track record of helping borrowers and is dedicated to providing quality service.

Is there a lawsuit against Nelnet?

Yes, there is a proposed federal class lawsuit against Nelnet Servicing LLC for failing to protect the personal information of 2.5 million borrowers. In the lawsuit, the company is accused of not taking adequate measures to secure the data from a data breach. As a result, sensitive personal information was exposed.

Do I qualify for student loan forgiveness 2022?

Yes, you may qualify for student loan forgiveness in 2022 if you have a 2020 or 2021 tax year income of less than $125,000 for individuals or less than $250,000 for married couples or heads of household. To determine if you are eligible for student loan forgiveness, you should consult your student loan servicer to discuss which programs you qualify for and how to apply. Additionally, you may benefit from understanding the specifics of each loan program, as cancellation amounts and qualifying criteria may vary.

Who took over Nelnet student loans?

Nelnet is a leading student loan servicer, and has taken over student loans from Great Lakes. With Nelnet, you can expect personalized service and additional benefits like an array of payment options, access to financial education resources, and flexible forbearance options.

Why is my student loan going to Nelnet?

Your student loan is being transferred to Nelnet because FedLoan Servicing is no longer servicing student loans. Nelnet is a student loan servicer that will take over the management of your student loan. It’s important to make sure that all of your student loans are being serviced by the same servicer for ease of tracking and managing your loans.

Are Nelnet loans forgiven after 20 years?

Yes, Nelnet loans are forgiven after 20 years if all loans are taken from undergraduate study. Any outstanding balance on the loan will be forgiven if it is not repaid in full after 20 years. Loans taken out for graduate or professional study require 25 years before they are forgiven.

Does Nelnet affect credit score?

Yes, Nelnet can affect a person’s credit score. If a loan with Nelnet is more than 90 days past due, Nelnet will report the delinquency to the credit agencies on the last day of every month. This can cause the person’s credit score to decrease.

Final Thoughts

Nelnet student loans offer competitive rates and flexible repayment plans. Whether you’re attending college, in graduate school, or already in repayment, Nelnet can help you find a loan that meets your needs. With competitive interest rates and flexible repayment plans, Nelnet’s student loan products are a great choice for any student looking for an affordable way to finance their education.


As an entrepreneur, web developer, writer, and blogger with five years of experience, I have a diverse skillset and a keen interest in staying up-to-date on the latest news, technology, business, and finance. I am committed to producing high-quality content and continuously learning and growing as a professional.
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