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 contract obligations in FY26 to date. Nelnet Servicing won 8 awards this fiscal year, with an average award size of $36.8M. Nelnet Servicing obligations fell 25.9% year over year. Nelnet Servicing obligations rose from $145M in FY21 to $240M in FY22, then to $351M in FY23, $407M in FY24, and $397M in FY25 before reaching $294M in FY26. Nelnet Servicing current-year totals are partial (fiscal year to date), and the figures reported are contract obligations except where tables list award-value totals. Nelnet Servicing shows a multiyear build to a FY24 peak followed by a decline into FY26. Nelnet Servicing average award size this year indicates that a small number of awards account for a large share of obligations, given the 8 awards and the $36.8M average. Nelnet Servicing historical obligations provide a clear record of contracting activity across FY21 through FY26.
What is Nelnet Servicing's recent contracting trend?
Nelnet Servicing obligations rose from $145M in FY21 to $407M in FY24, then declined to $397M in FY25 and to $294M in FY26. Nelnet Servicing obligations fell 25.9% year over year into FY26. Nelnet Servicing FY26 totals are fiscal year to date and therefore partial.
How concentrated are Nelnet Servicing's awards this year?
Nelnet Servicing won 8 awards in FY26 and obligated $294M, producing an average award size of $36.8M. Nelnet Servicing average award size implies that a few awards represent a substantial share of obligations. Nelnet Servicing total obligations and award count together show concentration in the current-year portfolio.
| 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 obligated $294M in federal contract obligations in FY26 to date. Nelnet Servicing won 8 awards this year, the average award size was $36.8M, and obligations fell 25.9% year over year. Historical obligations were $145M in FY21, $240M in FY22, $351M in FY23, $407M in FY24, and $397M in FY25.
Which agencies buy from Nelnet Servicing?
Agency buyers are not specified in the available figures. The provided data lists total obligations and award counts but does not name purchasing agencies.
What does Nelnet Servicing sell to the government?
Specific goods and services are not specified in the available figures. The data shows obligations, award counts, and award-size metrics but does not describe contract scope or product categories.
Which Nelnet Servicing contracts are expiring soon?
Expiring contracts are not listed in the available figures. The dataset provides obligations by year and current-year award totals but does not provide an expiring-contract table.
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