BACKGROUND
Nelnet is a financial planning site geared specifically toward educational funding. It provides direct links to financial planners, loan applications as well as immediate entry into Nelnet’s $1 Million scholarship giveaway. All aspects of college funding are explained in detail, including FAFSA, Debt Management and Scholarship information. Parents and students who apply for loans from this location will have access to their account from the Nelnet website, to make payments, check balance, and/or locate assistance concerning repayment options.
Nelnet utilizes Peterson’s College Search program, for those who have not yet chosen a college. Additionally, it offers tutorials that address everything from test preparation to the inevitable career application process, including resume writing, career tips and newsletters.
Finally, Nelnet has funding and scholarship opportunities for K-12 students who may be attending private schools, or who are international students. They also have monies available for summer camps and programs.
PRO
- Pertinent financial information from one site
- Access to loan account information
- Ability to make payments online
- Entry into scholarship sweepstakes
- Test preparation advice
- Career application advice
- Application for student loans can be done online
- Information for K-12 students
CON
- Scholarship search requires scholastic background information
EXPENSE
There is no fee for using this site.
DEGREE PROGRAMS
Nelnet provides funding and scholarship information for:
- K-12
- Business Colleges
- Vocational Colleges
- Universities and Colleges
- Graduate Programs
- International Students
SCHOOLS
The list of schools will vary according to the search criteria selected.
STUDENT LIFE
Although student life is not addressed in a direct manner, it is alluded to within the many funding propositions for all types of students, including International and K-12.
CONCLUSION
Nelnet provides over $1.2 Million in scholarships every year. Additionally, their scholarship search tool is cohesively designed to connect you with programs that address your profile.
Because they completely explain the financial requirements, (such as Expected Family Contribution), profile direct-loan and bank-distributed Federal Loan programs, and offer both college and scholarship search tools, this site is something you will certainly want to visit on more than one occasion.
Common Misspellings
Nel net, Nellnet, Nellent
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They are terrible!!!!!! they sold half the company to someone else who are as ignorant as they are, What that means is that they have half our account and someone else has the other half????? we have to send a payment to both companies and still get calls even though they are not late...... They have been trying to fix this company wide problem for a very long time now much just cant seem to manage!!!!! I hate this company, they are a joke. I am thinking about just telling them to keep there loan and never pay them anouther dime. Im so pissed i would rather have bad credit a few years than deal with this $%$ anymore. They are Morons!!!!!!!!!!!!!!!!
Nelnet has failed to send me any paper bills or statements after my asking on 3 separate occasions. I get nothing from them, I just get online every month and throw money at them. When i first got out of school and called nelnet to check into consolidation, they told me they had recently closed their consolidation department. I have several small loans with different rates. I would advise to find a better company.
Nelnet is a horrible company. All banks would do well to find another company to manage their student loan accounts. I am a co-signer and ultimately responsible for payments and I find that Nelnet agents are rude and authoritarian. Nelnet communicates very poorly with co-signers resulting in unnecessary payment problems. Nelnet communicates extremely well with the credit reporting agencies to ruin credit scores even when small balances are due. I believe that Nelnet chooses to create problems whenever possible because reasonable communication can prevent them
I've had a completely positive experience with Nelnet. After graduation they helped me consolidate what was a mess of student loans and establish a reasonable payment to one source.
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