Is Nelnet a federal or private loan?
Nelnet is a federal student loan servicer working on behalf of the U.S. Department of Education, the government agency that lends you or your child student loans.
Is Navient associated with Nelnet?
Federal student loan servicers, such as Nelnet and Navient Corp., are companies that collect payments, respond to customer service inquiries and perform other administrative tasks on behalf of the U.S. Department of Education.
Are Nelnet loans private loans?
Find a Private Loan
For more than 40 years, Nelnet has helped students finance their education. That's why we are proud to offer private student loans through U-fi From Nelnet. These loans are for students needing to fill the gaps not met by federal financial aid, or who may be looking to refinance their student debt.
Is Sallie Mae a government agency?
All new Sallie Mae loans are private. But if you took out a Sallie Mae loan before 2014, it might have been a federal loan and is likely now serviced by Navient. Sallie Mae started off under the federal government and provided loans through the Federal Family Education Loan program, or FFEL.