Nelnet Competitors and Similar CompaniesClear all
Nelnet's competitors and similar companies include Navient, Meritize, Propelld and Payitoff.
 Navient Navient Corporation is a company that offers technology-enabled education finance and business processing solutions. |  Meritize Meritize is an educational lender that uses an individual’s academic data to enhance credit evaluation and expand funding for career-based education. | ||||
Founding Date | Founding Date 1978 | Founding Date 2014 | Founding Date 2016 | Founding Date 2017 | Founding Date 2017 |
Type | Type Public | Type Public | Type Private | Type Private | Type Private |
Tags | |||||
Locations | Locations Lincoln, US HQ Wheelers Hill, AU Mississauga, CA Makati, PH Lincoln, US New York, US Phoenix, US see more | Locations Wilmington, US HQ Fishers, US Muncie, US Reston, US Wilkes Barre, US | Locations Frisco, US HQ | Locations Bengaluru, IN HQ | Locations New York, US HQ |
Employees | Employees 5,74415% decrease | Employees 4,33022% decrease | Employees 22 | Employees 5001% increase | Employees 5 |
Valuation ($) | Valuation ($) 4.1 b | Valuation ($) 1.7 b | Valuation ($) N/A | Valuation ($) N/A | Valuation ($) N/A |
Financial | |||||
Revenue (est.) | Revenue (est.) $2.1b (FY, 2025) | Revenue (est.) $91m (FY, 2025) | Revenue (est.) N/A | Revenue (est.) N/A | Revenue (est.) N/A |
Cost of goods | Cost of goods $723.2m (FY, 2025) | Cost of goods $237m (FY, 2025) | Cost of goods N/A | Cost of goods N/A | Cost of goods N/A |
Gross profit | Gross profit $1.4b (FY, 2025) | Gross profit ($146m) (FY, 2025) | Gross profit N/A | Gross profit N/A | Gross profit N/A |
Net income | Net income $398.3m (FY, 2025) | Net income ($80m) (FY, 2025) | Net income N/A | Net income N/A | Net income N/A |
Funding | |||||
Latest funding round | Latest funding round N/A | Latest funding round N/A | Latest funding round $ 13.2m (over 7 years ago) | Latest funding round $ 2.2m (almost 7 years ago) | Latest funding round $ 8.5m (over 4 years ago) |
Total funding raised | Total funding raised N/A | Total funding raised N/A | Total funding raised $ 20m | Total funding raised $ 2.5m | Total funding raised $ 8.5m |
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Navient
HQ
Wilmington, US
Employees
4,330↓ 22% decrease
Navient Corporation is a company that offers technology-enabled education finance and business processing solutions.
View companyMeritize
HQ
Frisco, US
Employees
22
Meritize is an educational lender that uses an individual’s academic data to enhance credit evaluation and expand funding for career-based education.
View company
Propelld
HQ
Bengaluru, IN
Employees
500↑ 1% increase
Propelld is a student education financing platform.
View company