Nelnet is one of nine companies that service federal student loans by collecting and tracking payments. If Nelnet is your student loan servicer, here’s what it can help you do.
- Register for online access to your account. Once you have access you can contact Nelnet, access your monthly billing statements and pay bills.
- Enroll in autopay. Nelnet can deduct your payments automatically from your bank account. Signing up for autopay will reduce your interest rate by 0.25%.
- Sign up for income-driven repayment. You can request income-driven repayment, which limits your student loan payments to a percentage of your income, by completing a paper form with Nelnet. (You can apply online on studentaid.gov and then recertify your income each year online as well.)
- Process deferment and forbearance requests. Nelnet can help you temporarily stop making payments or reduce your payment amount if you qualify. This helps you stay in good standing to avoid default. But during any periods of deferment or forbearance, interest can continue to build.
- Process monthly payments and extra payments. Nelnet will track and collect your payments. If you want to make additional payments, you can instruct Nelnet (online, by phone or by mail) to apply extra payments to your current balance. Otherwise, it may apply the additional amount to next month’s payment instead.
Your loan servicer is assigned by the U.S. Department of Education when your loan is disbursed to your college for the first time. The name of the company sending you a federal loan bill every month is your servicer. If your loan payments haven’t begun or you’re not sure which company is your servicer, log in to My Federal Student Aid to find out. You can also get in touch with any of the loan servicer contact centers by calling 1-800-4-FED-AID.
Servicers are there to help you, but they may offer choices that are best for the company, not the borrower. That means they can’t change how payments are processed and may not suggest the most beneficial repayment option for you. It’s most important to know your repayment options so you can know the right questions to ask.
Am I stuck with Nelnet until my loans are paid off?
Loans are sometimes transferred from one servicer to another by the Department of Education.
You’ll be notified if this happens and you’ll manage payments with the new servicer. All servicers deliver the same options and programs, but customer service may differ from one to another.
Otherwise, you are likely to remain with Nelnet unless you act to switch servicers. Use this tool to find out what might work for you.
How to reach Nelnet customer service
Nelnet contact number: 888-486-4722
Nelnet hours of operation: Monday – Friday 8 a.m. to 10 p.m. ET.
Nelnet address for loan payments: There are multiple addresses to choose from. Pick the one that best fits your circumstances:
Send payments for accounts beginning with “E” to:
U.S. Department of Education
P.O. Box 2837
Portland, OR 97208-2837
Send payments for accounts beginning with “D” to:
P.O. Box 2970
Omaha, NE 68103-2970
Send payments for accounts beginning with “J” to:
P.O. Box 2877
Omaha, NE 68103-2877
Nelnet address for documents and other inquiries:
Documents related to deferment, forbearance, repayment plans, or enrollment status changes
Attn: Enrollment Processing
P.O. Box 82565
Lincoln, NE 68501-2565
Documents related to loan discharge or forgiveness claims
P.O. Box: 82505
Lincoln, NE 68501-2505
Documents related to bankruptcy claims
P.O. Box: 82505
Lincoln, NE 68501-2505
Nelnet website: Nelnet.com
How to complain about Nelnet
If you’re having difficulty with Nelnet that you have been unable to resolve, start by filing a complaint directly with its ombudsman. It’s the servicer’s highest customer service office.
Call 888-486-4722 or email [email protected].
You can send mail to:
Nelnet Guarantor Solutions
P.O. Box 82561
Lincoln, NE 68501-2561
If your issue goes unresolved, you can also make complaints about Nelnet to:
- Federal Student Aid Feedback System.
- Your state attorney general’s office.
- Your state consumer protection office.
- Your congressional representative.
Make sure to keep records of conversations you have, including the day, time and customer service representative you spoke with. Keep copies of any letters, bills or emails about your account.
How to settle a dispute with Nelnet
If a complaint doesn’t help, you can contact the Federal Student Aid Ombudsman Group. This method should be used only as a last resort, says the federal student aid office. Complete all information on the Ombudsman Information Checklist before contacting. When you’re ready to reach out, here’s how to get in touch:
By mail: U.S. Department of Education
FSA Ombudsman Group
P.O. Box 1843
Monticello, KY 42633
You can also reach out to a student loans nonprofit such as The Institute of Student Loan Advisors, which provides free dispute resolution.
The nine federal student loan servicers
Learn more about each of the federal loan servicers, including what they can do and how to contact.