EX-21.1 3 c72573exv21w1.htm EXHIBIT 21.1 Filed by Bowne Pure Compliance
 

Exhibit 21.1
List of Direct and Indirect Subsidiaries of Nelnet, Inc.
as of February 7, 2008
                                 
                Date       Relationship to   Percentage
    Name   City   State   Established   Description of Operations   Nelnet, Inc.   Ownership
1.
  National Education Loan Network, Inc. (organized in Nevada) (dba American Card Services)   Lincoln   NE   01/27/00   Student loans and associated products, services and financing, including marketing services. Also provides corporate services (legal, accounting, etc.) for Nelnet and its related entities, and provides payment processing and web-based software applications.   Direct Subsidiary     100 %
2.
  Nelnet Capital LLC (organized in Nebraska)   Lincoln   NE   03/03/00   Broker — Dealer Services   Direct Subsidiary     100 %
3.
  Nelnet Guarantor Solutions, LLC (organized in Florida) (formerly Nelnet Guarantee Services LLC; formerly GuaranTec LLP)   Jacksonville   FL   01/01/06 (was converted from LLP in 2006 — LLP formed 11/1/96)   Provides services to student loan guaranty agencies.   Indirect Subsidiary     100 %
4.
  National Higher Education Loan Program, Inc. (organized in Nebraska)   Lincoln   NE   11/05/97   Student loan financing   Indirect Subsidiary     100 %
5.
  5280 Solutions LLC (f/k/a Nelnet Technology Services LLC) (organized in Colorado) (d/b/a Idaho Financial Associates, Charter Account Systems and 5280 Solutions)   Littleton   CO   11/30/00 (was converted from a corporation to an LLC in 2005)   Provides IT products and technical consulting; develops and licenses loan processing/servicing software.   Indirect Subsidiary     100 %
6.
  FirstMark Services, LLC (organized in Colorado)   Woodbury   MN   02/26/02   Origination and servicing of private educational loans   Indirect Subsidiary     100 %
7.
  ClassCredit, Inc. (organized in Florida)   Lincoln   NE   08/02/94   Student loan origination   Indirect Subsidiary     100 %
8.
  InTuition, Inc. (organized in Florida)   Lincoln   NE   12/20/91   Student loan servicing and financing   Indirect Subsidiary     100 %
9.
  EFS Finance Co. (organized in Indiana)   Lincoln   NE   01/13/95   Student loan financing   Indirect Subsidiary     100 %
10.
  Nelnet Management Corporation-1 (organized in Nevada) (formerly Nelnet Student Loan Warehouse Corporation — 1)   Lincoln   NE   01/23/02   Student loan financing   Indirect Subsidiary     100 %
11.
  Nelnet Student Loan Funding Management
Corporation (organized in Nevada) 		  Lincoln   NE   05/14/02   Student loan financing   Indirect Subsidiary     100 %
12.
  Nelnet Student Loan Funding, LLC (organized in
Delaware) 		  Lincoln   NE   01/25/02   Student loan financing   Indirect Subsidiary     100 %
13.
  NELNET Student Loan Corporation-1 (organized
in Nevada) 		  Lincoln   NE   02/28/96   Student loan financing   Indirect Subsidiary     100 %

 

 

 

                                 
                Date       Relationship to   Percentage
    Name   City   State   Established   Description of Operations   Nelnet, Inc.   Ownership
14.
  NELNET Student Loan Corporation-2 (organized
in Nevada) 		  Lincoln   NE   10/08/99   Student loan financing   Indirect Subsidiary     100 %
15.
  NHELP-I, Inc. (organized in Nevada)   Lincoln   NE   09/25/98   Student loan financing   Indirect Subsidiary     100 %
16.
  NHELP-II Inc. (organized in Nevada)   Lincoln   NE   01/13/98   Student loan financing   Indirect Subsidiary     100 %
17.
  NHELP-II, LLC (organized in Nevada)   Lincoln   NE   01/13/98   Student loan financing   Indirect Subsidiary     100 %
18.
  NHELP-III, Inc. (organized in Nevada)   Lincoln   NE   09/07/99   Student loan financing   Indirect Subsidiary     100 %
19.
  EMT Corp. (organized in Indiana)   Lincoln   NE   04/14/98   Student loan financing   Indirect Subsidiary     100 %
20.
  Nelnet Loan Corp.(organized in Nevada)   Lincoln   NE   10/25/01   Private Student loan financing   Indirect Subsidiary     100 %
21.
  Nelnet Education Loan Funding, Inc. (f/k/a NEBHELP, INC.) (organized in Nebraska)   Lincoln   NE   04/20/03   Student loan financing   Indirect Subsidiary     100 %
22.
  MELMAC, Inc. (organized in Nevada)   Portland   ME   06/28/00   Student loan financing   Indirect Subsidiary     100 %
23.
  MELMAC, LLC (organized in Delaware)   Portland   ME   06/29/00   Student loan financing   Indirect Subsidiary     100 %
24.
  National Education Loan of New England, Inc. (organized in Rhode Island)   Warwick   RI   03/09/04   Student loan origination   Indirect Subsidiary     100 %
25.
  Student Loan Acquisition Authority of Arizona, LLC (organized in Delaware)   Lincoln   NE   09/01/03   Student loan financing   Indirect Subsidiary     100 %
26.
  SLAAA Acquisition Corp. (organized in Nebraska)   Lincoln   NE   08/01/03   Student loan financing   Indirect Subsidiary     100 %
27.
  Shockley Financial Corp. (organized in Colorado)   Aurora   CO   10/01/02   Capital Markets activities   Indirect Subsidiary     100 %
28.
  Nelnet Canada, Inc. (organized in Canada)   Mississauga   Ontario   05/10/07   Canadian Student loan origination and servicing   Indirect Subsidiary     100 %
29.
  Nelnet Business Solutions, Inc. (f/k/a FACTS Management Co.) (organized in Nebraska) (dba FACTS Management and infiNET Integrated Solutions)   Lincoln   NE   12/26/92   Tuition payment plans, online payment processing and campus commerce solutions.   Indirect Subsidiary     100 %
30.
  Student Marketing Group, Inc. (organized in New York)   Lynbrook   NY   02/04/99   Direct marketing services   Direct Subsidiary     100 %
31.
  National Honor Roll, L.L.C. (organized in New York)   Lynbrook   NY   01/01/01   High School Student Honor Roll publication and mailing list services   Indirect Subsidiary     100 %
32.
  LoanSTAR Funding Group, Inc. (organized in Texas)   Bryan   TX   12/08/97   Student loan originations and secondary market.   Indirect Subsidiary     100 %
33.
  Nelnet Academic Funding Solutions, LLC
(organized in Nebraska) 		  Lincoln   NE   08/15/05   Student loan financing and management   Indirect Subsidiary     100 %
34.
  College Bound Loans, Inc. (organized in Rhode Island) (f/k/a/ BST Holdings, Inc.)   Warwick   RI   11/05/80   Student loan origination   Indirect Subsidiary     100 %
35.
  Nelnet Academic Services LLC (organized in
Nebraska) (f/k/a Nelnet Mentor, LLC) 		  Lincoln   NE   12/18/03   Student loan services   Indirect Subsidiary     100 %
36.
  Chela Education Funding, Inc. (organized in Nebraska) (f/k/a Student Partner Services, Inc.)   Lincoln   NE   05/09/02   Student loan origination   Indirect Subsidiary     100 %
37.
  Loanstar Assets GP, LLC (organized in Delaware)   Lincoln   NE   01/30/01   Student loan financing and management   Indirect Subsidiary     100 %

 

 

 

                                 
                Date       Relationship to   Percentage
    Name   City   State   Established   Description of Operations   Nelnet, Inc.   Ownership
38.
  Loanstar Assets LP, LLC (organized in Delaware)   Lincoln   NE   01/30/01   Student loan financing   Indirect Subsidiary     100 %
39.
  Loanstar Assets Partners, LP (organized in
Delaware) 		  Lincoln   NE   01/30/01   Student loan financing and management   Indirect Subsidiary     100 %
40.
  Nelnet Academic Private Loan Warehouse — I, LLC (organized in Delaware)   Lincoln   NE   08/12/05   Student loan financing   Indirect Subsidiary     100 %
41.
  CUnet, LLC (organized in Delaware)   Wyckoff   NJ   02/02/04   Performance-based educational marketing, lead generation, and vendor management services.   Indirect Subsidiary     100 %
42.
  Peterson’s Nelnet, LLC (formerly NELN Acquisition, LLC) (organized in Nebraska)   Lawrenceville   NJ   07/19/06   College search and selection, test preparation, and financial aid; online services for essay editing and instruction as well as resume writing.   Indirect Subsidiary     100 %
43.
  M & P Building, LLC (organized in Nebraska)   Lincoln   NE   10/06/06   Real Estate   Direct/Indirect     100 %
44.
  Nelnet Student Asset Funding Extendable CP,
LLC (organized in Nebraska) 		  Lincoln   NE   10/13/06   Student Loan Financing   Indirect Subsidiary     100 %
45.
  Lincoln Square Funding LLC (organized in
Nebraska) 		  Lincoln   NE   10/03/06   Student Loan Financing   Indirect Subsidiary     100 %
46.
  First National Life Insurance Company of the USA (a Nebraska domiciled life insurance company)   Lincoln   NE   3/25/07   Insurance programs   Indirect Subsidiary     100 %
47.
  Education Solutions, Inc.   Lincoln   NE   01/01/08   Student Loan Financing   Indirect Subsidiary     100 %
Note: this list does not include Nelnet Student Loan Trusts utilized in asset backed security financings.