Federal contractor profile
Nelnet Servicing: Federal Contracts, Agencies & Awards
Data through 2026-09-07 · FY2026 to date
- Obligations, FY2026 to date
- $294M
- Contract awards
- 8
- Average award size
- $36.8M
- vs. prior full fiscal year
- 25.9% decline
| Item | Obligations |
|---|---|
| FY21 | $145M |
| FY22 | $240M |
| FY23 | $351M |
| FY24 | $407M |
| FY25 | $397M |
| FY26 | $294M |
Obligations fell 25.9% year over year, from $397M in FY2025 to $294M in FY2026 to date.
Nelnet Servicing obligated $294M in federal contracts in FY2026 to date. Nelnet Servicing won 8 awards so far, with an average award size of $36.8M. Nelnet Servicing obligations fell 25.9% year over year. Nelnet Servicing shows a multi-year pattern of rising obligations from FY21 through FY24, then a decline: FY21 $145M, FY22 $240M, FY23 $351M, FY24 $407M, FY25 $397M, FY26 $294M. Nelnet Servicing current-year totals are partial because FY2026 is fiscal year to date. Nelnet Servicing figures here are contract obligations except for award-value figures in largest-awards and expiring-contracts tables, which are total contract values. Nelnet Servicing users should note the year-over-year change and the sequence of fiscal-year obligations when comparing procurement activity across years. Nelnet Servicing average award size and award count provide quick context on contract scale and deal flow through the current fiscal year.
How has Nelnet Servicing's federal contracting trended over recent years?
Nelnet Servicing obligations rose from FY21 through FY24, peaking at $407M in FY24. Nelnet Servicing obligations then fell to $397M in FY25 and to $294M in FY26 to date, a year-over-year drop of 25.9%.
What do Nelnet Servicing's current-year totals and award metrics show?
Nelnet Servicing obligated $294M through FY2026 to date and has 8 awards so far. Nelnet Servicing average award size is $36.8M, which indicates the typical award scale in the current fiscal year.
| Rank | Award | Award Amount | Awarding Agency | Ends |
|---|---|---|---|---|
| 1 | 91003124F0321 | $392M | Department of Education | 2027-03-31 |
| 2 | 91003126F0022 | $208M | Department of Education | 2026-12-31 |
| 3 | 91003125F0044 | $155M | Department of Education | 2026-08-24 |
| 4 | 91003124F0312 | $79.3M | Department of Education | 2026-02-23 |
| 5 | 91003124F0301 | $52.2M | Department of Education | 2027-03-31 |
| 6 | 91003123F0321 | $18.7M | Department of Education | 2025-06-02 |
| 7 | 91003125F0022 | $3.2M | Department of Education | 2027-06-21 |
| 8 | 91003125C0012 | $2.1M | Department of Education | 2027-04-30 |
| Award | Awarding Agency | Award Value | Ends |
|---|---|---|---|
| 91003124F0321 | Department of Education | $392M | 2027-03-31 |
| 91003126F0022 | Department of Education | $208M | 2026-12-31 |
| 91003124F0301 | Department of Education | $52.2M | 2027-03-31 |
| 91003125F0022 | Department of Education | $3.2M | 2027-06-21 |
| 91003125C0012 | Department of Education | $2.1M | 2027-04-30 |
| Detail | Registration |
|---|---|
| Unique Entity ID (UEI) | MNXKQ62J7AE8 |
| Headquarters | Lincoln, NE |
| Parent company | NELNET, INC. |
| Business types | Category business; Corporate entity not tax exempt; Limited liability corporation; Other than small business; Special designations; Us owned business |
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Frequently asked questions
How much does Nelnet Servicing make from federal contracts?
Nelnet Servicing made $294M in federal contract obligations in FY2026 to date. Nelnet Servicing has 8 awards this fiscal year and an average award size of $36.8M. Nelnet Servicing obligations fell 25.9% year over year.
Which agencies buy from Nelnet Servicing?
Agency buyers are not specified for Nelnet Servicing in the available figures. Nelnet Servicing obligations and award counts are provided, but the data does not list which agencies purchased from Nelnet Servicing.
What does Nelnet Servicing sell to the government?
Contract items sold to the government by Nelnet Servicing are not specified in the provided figures. Nelnet Servicing totals, award counts, and award sizes are shown, but descriptions of goods or services are not listed.
Which Nelnet Servicing contracts are expiring soon?
Expiring Nelnet Servicing contracts are not listed in the available figures. Nelnet Servicing totals and award metrics are provided, but the dataset does not include an expiring-contracts table with contract end dates.
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