Nelnet originates, holds, and services student loans, principally loans originated under the Federal Family Education Loan Program
, referred to as the FFEL Program or FFELP Nelnet offers a broad range of financial services and technology-based products, including student loan origination and lending, student loan and guarantee servicing and a suite of software solutions.
The collateral securing the notes are Stafford and PLUS loans originated under the Federal Family Education Loan Program
TG is a public, nonprofit corporation that helps create access to higher education for millions of families and students through its role as an administrator of the Federal Family Education Loan Program
The series 2006 bonds are being issued to finance the origination and acquisition of Federal Family Education Loan Program
(FFELP) student loans, make a deposit to the debt service reserve fund, and pay the cost of issuance.
The collateral in the trust consists of approximately 94% Federal Family Education Loan Program
(FELP) student loans and approximately 6% private student loans.