Nelnet on Wednesday revealed that it's officially out of the running for one part of future federal student loan business.
In a federal securities filing, the Lincoln-based company said the Government Accountability Office on Monday formally denied its protest of the Business Processing Operations portion of the Next Generation Financial Servicing Environment contract procurement process.
Nelnet, which is one of four main companies currently servicing federal student loans, was notified in June that it was not among the firms chosen for the Business Processing Operations portion of NextGen, which involves providing back office and call center support.
The U.S. Department of Education chose five small firms for that business, none of which are among the current major servicers of federal student loans.
Nelnet requested a debriefing about the decision and eventually filed a protest.
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"We disagree with the GAO's decision but are optimistic about our future servicing of federal student loans," said Ben Kiser, a Nelnet spokesman.
Nelnet also had bid on the Enhanced Processing Solution transitional servicing system component of NextGen and was not chosen for that contract, either. But in July, the U.S. Department of Education's office of Federal Student Aid canceled the bidding process for that part of the system and is likely to rebid it.
The company recently was told its current servicing contract with the government, which is supposed to end at the end of the year, will be extended at least six months. The Federal Student Aid office also has the option to extend it to the end of 2021.
Kiser said Nelnet also was recently made aware of a potential bidding process for an interim contract, including a servicing system and back office and call center operations, that would be put in place until the companies that won the Business Processing Operations work can get their systems in place and get up to speed. He said that could take "an extended period of time."
"While the new solicitation has not been released yet, we look forward to competing again for the opportunity to help FSA fulfill their vision," Kiser said.
2020 Lincoln's Choice Award winners
Your favorite businesses: The 2020 Lincoln's Choice Award winners
Auto Repair, Oil Change: Baxter Auto Group
Auto Repair, Oil Change: Baxter Auto Group
Baxter Auto Facebook page
Body Shop: Tracy's Collision Center
Body Shop: Tracy's Collision Center
Tracy's Collision Center Facebook page
Buy a New Car, Buy a Used Car: Baxter Auto Group
Buy a New Car, Buy a Used Car: Baxter Auto Group
Baxter Auto Facebook page
Car Wash: Jetsplash
Car Wash: Jetsplash
Scott Witty, Jetsplash Facebook
Tire Dealer: Graham Tire
Tire Dealer: Graham Tire
Graham Tire Facebook
Beer Selection: HopCat
Beer Selection: HopCat
HopCat Facebook
Brewery: Zipline Brewing Co.
Brewery: Zipline Brewing Co.
Zipline Facebook
Cup of Coffee: The Mill Coffee & Tea
Cup of Coffee: The Mill Coffee & Tea
The Mill Facebook
Local Winery: James Arthur Vineyards
Local Winery: James Arthur Vineyards
James Arthur Facebook
Place to Get a Specialty Drink: StarLite Lounge
CoreyRourkePhotograhy.com, StarLite Facebook page
Wine Selection: The Oven
Wine Selection: The Oven
The Oven Facebook
Dance/Cheer Program: True Dance Academy
Dance/Cheer Program: True Dance Academy
True Dance Facebook
Day care, Preschool: Bubbles & Blocks Child Development Center
Day care, Preschool: Bubbles & Blocks Child Development Center
Bubbles & Blocks Facebook
Family-friendly Restaurant: Lazlo's Brewery & Grill
Family-friendly Restaurant: Lazlo's Brewery & Grill
Lazlo's Facebook
Place to Take the Kids: Lincoln Children's Zoo
Place to Take the Kids: Lincoln Children's Zoo
Children's Zoo Facebook
Youth Sports Program: YMCA
Youth Sports Program: YMCA
YMCA Facebook
Youth Activity Program (Non-Sports): Lincoln Children's Museum
Youth Activity Program (Non-Sports): Lincoln Children's Museum
Children's Museum Facebook
Asian Restaurant: Chopsticks Chinese Cuisine
Asian Restaurant: Chopsticks Chinese Cuisine
Chopsticks Facebook
Bakery: The Warm Cookie
Bakery: The Warm Cookie
The Warm Cookie Facebook
Bar Food: Big Red Restaurant & Sports Bar Lincoln East
Bar Food: Big Red Restaurant & Sports Bar Lincoln East
Big Red Restaurant & Sports Bar Facebook
BBQ: Phat Jack's BBQ
BBQ: Phat Jack's BBQ
Phat Jack's BBQ Facebook
Breakfast: Engine House Cafe
Breakfast: Engine House Cafe
Engine House Cafe Facebook
Burger Joint: Honest Abe's
Burger Joint: Honest Abe's
Honest Abe's Facebook
Food Truck/Pop-up Kitchen: Tastee Trailer
Food Truck/Pop-up Kitchen: Tastee Trailer
Tastee Trailer Facebook
Ice Cream/Yogurt: Ivanna Cone
Ice Cream/Yogurt: Ivanna Cone
Ivanna Cone Facebook
Italian Restaurant: MÅMÅ Pizzeria & Ristorante
Italian Restaurant: MÅMÅ Pizzeria & Ristorante
MÅMÅ Pizzeria & Ristorante Facebook
Locally Owned Restaurant: Venue Restaurant & Lounge
Locally Owned Restaurant: Venue Restaurant & Lounge
Venue Restaurant & Lounge Facebook
Mexican Restaurant: La Paz Mexican Restaurant
Mexican Restaurant: La Paz Mexican Restaurant
Jason Nabb, La Paz Mexican Restaurant Facebook
Pizza: Isles Pub & Pizza
Pizza: Isles Pub & Pizza, 6232 Havelock Ave.
Journal Star file photo
Place to Get a Steak: Misty's Restaurant & Lounge
Place to Get a Steak: Misty's Restaurant & Lounge
Misty's Facebook
Deli: Hy-Vee
Deli: Hy-Vee
Hy-Vee Facebook
Sunday Brunch: The Green Gateau
Sunday Brunch: The Green Gateau
The Green Gateau Facebook
Sushi: Blue Sushi Sake Grill
Sushi: Blue Sushi Sake Grill
Blue Sushi Sake Grill Facebook
Wings: The Watering Hole
Wings: The Watering Hole
The Watering Hole Facebook
Meat Selection: Hy-Vee
Meat Selection: Hy-Vee
Hy-Vee Facebook
Audiology/Hearing Centers: Complete Hearing
Audiology/Hearing Centers: Complete Hearing
Complete Hearing Facebook
Behavioral Health: Alivation Health
Behavioral Health: Alivation
Alivation Health Facebook
Chiropractice Office: NuSpine Chiropractic South
Chiropractice Office: NuSpine Chiropractic South
NuSpine Chiropractic South Facebook
Produce: Hy-Vee
Produce: Hy-Vee
Hy-Vee Facebook
Dental Office: Nebraska Family Dentistry
Dental Office: Nebraska Family Dentistry
Nebraska Family Dentistry Facebook
Dermatology Clinic, Aesthetics: Sutton Dermatology + Aesthetics
Dermatology Clinic, Aesthetics: Sutton Dermatology + Aesthetics
Journal Star file photo
Holistic Health: CBD American Shaman
Holistic Health: CBD American Shaman
CBD American Shaman Facebook
Home Health Care: Tabitha Health Care Services
Home Health Care: Tabitha Health Care Services
Tabitha Health Care Services Facebook
Medical Clinic: Advanced Medical Imaging
Medical Clinic: Advanced Medical Imaging
Advanced Medical Imaging Facebook
Orthodontist: Schoettger Orthodontics
Orthodontist: Schoettger Orthodontics
Schoettger Orthodontics Facebook
Orthopedic Office: Nebraska Orthopaedic and Sports Medicine, PC
Orthopedic Office: Nebraska Orthopaedic and Sports Medicine, PC
Nebraska Orthopaedic and Sports Medicine, PC Facebook
Pediatric Dentist: Lincoln Pediatric Dentistry
Pediatric Dentist: Lincoln Pediatric Dentistry
Lincoln Pediatric Dentistry Facebook
Pediatric Group: Lincoln Pediatric Group
Pediatric Group: Lincoln Pediatric Group
Lincoln Pediatric Group Facebook
Pharmacy: Walgreens
Pharmacy: Walgreens
Journal Star file photo
Occupational Therapy: Lincoln Orthopedic Physical Therapy
Occupational Therapy: Lincoln Orthopedic Physical Therapy
Lincoln Orthopedic Physical Therapy Facebook
Place to Feel the Burn: Good Life Fitness
Place to Feel the Burn: Good Life Fitness
Good Life Fitness Facebook
Senior Care, Senior Living Community: Legacy Retirement Communities
Senior Care, Senior Living Community: Legacy Retirement Communities
Legacy Retirement Communities Facebook
Vision Clinic: EyeCare Specialties
Vision Clinic: EyeCare Specialties
EyeCare Specialties Facebook
Admire some masterpieces at the Sheldon Museum of Art
Art Gallery: Sheldon Museum of Art
Sheldon Museum of Art Facebook
Best Place to Go on a Date, Place to Have a Party: Tomahawks Axe Throwing
Best Place to Go on a Date, Place to Have a Party: Tomahawks Axe Throwing
Tomahawks Axe Throwing Facebook
Best Work Environment, Bank, Customer Service, Financial Planner: Union Bank & Trust
Best Work Environment, Bank, Customer Service, Financial Planner: Union Bank & Trust
Union Bank & Trust Facebook
Charity/Nonprofit: People's City Mission
Charity/Nonprofit: People's City Mission
Journal Star file photo
Golf Course: Wilderness Ridge
Golf Course: Wilderness Ridge
Wilderness Ridge Facebook
Hotel: Embassy Suites by Hilton Lincoln
Hotel: Embassy Suites by Hilton Lincoln
Embassy Suites by Hilton Lincoln Facebook
Live Music Venue: Pinewood Bowl Amphitheater
Live Music Venue: Pinewood Bowl Amphitheater
Pinewood Bowl Amphitheater Facebook
Museum: University of Nebraska State Museum-Morrill Hall
Museum: University of Nebraska State Museum-Morrill Hall
University of Nebraska State Museum-Morrill Hall Facebook
Boarding/Day care, Groomer: KENL INN INC.
Boarding/Day care, Groomer: KENL INN INC.
KENL INN INC. Facebook
Pet Store: PetSmart
Pet Store: PetSmart
PetSmart Facebook page
Vet: Vondra Veterinary Clinic
Vet: Vondra Veterinary Clinic
Vondra Veterinary Clinic Facebook
Hair Salon, Massage: Tranquility Salon & Spa
Hair Salon, Massage: Tranquility Salon & Spa
Tranquility Salon & Spa Facebook
Manicure/Pedicure: Tips and Toes Nail Spa
Manicure/Pedicure: Tips and Toes Nail Spa
Tips and Toes Nail Spa Facebook
Tattoo/Piercing: Iron Brush Tattoo
Tattoo/Piercing: Iron Brush Tattoo
Iron Brush Tattoo Facebook
Apartment Community: Chateau Development, LLC
Apartment Community: Chateau Development, LLC
Chateau Development, LLC Facebook
Credit Union: Liberty First Credit Union
Credit Union: Liberty First Credit UnionÂ
Liberty First Credit Union Facebook
Electrician: ABC Electric Co.
Electrician: ABC Electric Co.
ABC Electric Co. Facebook
Heating & Air, Plumbing: John Henry's Pluming, Heating and Air Conditioning
Heating & Air, Plumbing: John Henry's Pluming, Heating and Air Conditioning
John Henry's Pluming, Heating and Air Conditioning Facebook
Home Exterior, Roofer: Casey Nelson Exteriors
Home Exterior, Roofer: Casey Nelson Exteriors
Casey Nelson Exteriors Facebook
Interior Design: Coffey & Co. House of Interiors
Interior Design: Coffey & Co. House of Interiors
Coffey & Co. House of Interiors Facebook
Landscaping: JB's Landscaping & Lawn Care
Landscaping: JB's Landscaping & Lawn Care
JB's Landscaping & Lawn Care Facebook
New Home Builder: Ironwood Builders
New Home Builder: Ironwood Builders
Ironwood Builders Facebook
Real Estate Agent: Kasandra Myers-Nebraska Realty
Real Estate Agent: Kasandra Myers-Nebraska Realty
Kasandra Myers-Nebraska Realty Facebook
Real Estate Company: Re/Max Concepts
Real Estate Company: Re/Max Concepts
Re/Max Concepts Facebook
Remodeling/General Contracting: Prime Built Construction
Remodeling/General Contracting: Prime Built Construction
Prime Built Construction Facebook
Tree Service: Blue Ox Tree Service
Tree Service: Blue Ox Tree Service
Blue Ox Tree Service Facebook
Boutique: Ash&Ash Co.
Boutique: Ash&Ash Co.
Ash&Ash Co. Facebook
Electronics/Appliance Store: Schaefer's
Electronics/Appliance Store: Schaefer's
Schaefer's Facebook
Furniture Store: Cooper & Co. Home + Gift
Furniture Store: Cooper & Co. Home + Gift
Cooper & Co. Home + Gift
Hardware Store: Q.P. Ace Hardware
Q.P. Ace Hardware was recognized by Mayor Leirion Gaylor Baird for its commitment to safety.
Q.P. Ace Hardware Facebook
Husker Game Day Apparel: Husker Headquarters
Husker Game Day Apparel: Husker Headquarters
Husker Headquarters Facebook
Jewelry Store: Sartor Hamann Jewelers
Jewelry Store: Sartor Hamann Jewelers
Sartor Hamann Jewelers Facebook
Men's Clothing: Emsud's Clothiers
Men's Clothing: Emsud's Clothiers
Emsud's Clothiers Facebook
Screen Printing: ARTFX Screen Printing & Embroidery
Screen Printing: ARTFX Screen Printing & Embroidery
ARTFX Screen Printing & Embroidery Facebook
Shoe Store: Lincoln Running Co.
Shoe Store: Lincoln Running Co.
Lincoln Running Co. Facebook
Women's Clothing: Kohl's Lincoln South
Women's Clothing: Kohl's Lincoln South
AP file photo
Bridal Shop: Blush Bridal Boutique
Bridal Shop: Blush Bridal Boutique
Blush Bridal Boutique Facebook
Caterer: ChefauChef Catering home of Wham Bam Meal in a Pan
Caterer: ChefauChef Catering home of Wham Bam Meal in a Pan
ChefauChef Catering home of Wham Bam Meal in a Pan Facebook
Florist: Hy-Vee
Florist: Hy-Vee
Hy-Vee Facebook
Photographer: Michael Reinmiller Photography
Photographer: Michael Reinmiller Photography
Michael Reinmiller Photography Facebook
Reception Facility: Creekside Event Barn
Reception Facility: Creekside Event Barn
Creekside Event Barn Facebook
Reach the writer at 402-473-2647 or molberding@journalstar.com .
On Twitter @LincolnBizBuzz.
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