Is nelnet federal loans?

Your federal student loans may or may not all be with Nelnet or another servicer. It's important that you know which servicer(s) provides customer service for each of your student loans—and it's simple to verify. You can access all of your federal student loan data at nslds.ed.gov. read more

PLUS loans can help cover the educational expenses not met by federal student aid. Additionally, parents can defer payment on loans until after the student's graduation. As these loans are not need-based, parents don't need to demonstrate financial need to apply. read more

Nelnet, one of the nation's largest student loan servicers, agreed to purchase a competitor student loan servicer, Great Lakes Higher Education Corp., for $150 million in an all-cash transaction. The move will make Nebraska-based Nelnet the largest servicer of federal student loans, and represents a significant consolidation in the student loan servicing sector. read more

The federal government pays the interest on this loan while the student is in school, in grace, or when the loan is in deferment. Students without financial need may borrow under the unsubsidized Stafford loan program and are fully responsible for all interest charges. read more