Exhibit 21.1
List of Direct and Indirect Subsidiaries of Nelnet, Inc. as of December 31, 2016
Name | Organized in | Relationship to Nelnet Inc. | Percentage Ownership | |
1 | National Education Loan Network, Inc. | Nevada | Direct Subsidiary | 100% |
2 | 5280 Solutions LLC (f/k/a Nelnet Technology Services LLC) (d/b/a Idaho Financial Associates, Charter Account Systems and 5280 Solutions) | Colorado | Indirect Subsidiary | 100% |
3 | Nelnet Real Estate Ventures, Inc. (f/k/a Health Education Solutions, Inc. and ClassCredit, Inc.) | Florida | Indirect Subsidiary | 100% |
4 | EFS Finance Co., LLC | Nebraska | Indirect Subsidiary | 100% |
5 | Nelnet Management Corporation-1 (f/k/a Nelnet Student Loan Warehouse Corporation – 1) | Nevada | Indirect Subsidiary | 100% |
6 | Nelnet Student Loan Funding Management Corporation | Nevada | Indirect Subsidiary | 100% |
7 | Nelnet Student Loan Funding, LLC | Delaware | Indirect Subsidiary | 100% |
8 | Nelnet Education Loan Funding, Inc. (f/k/a NEBHELP, INC.) | Nebraska | Indirect Subsidiary | 100% |
9 | Nelnet Canada, Inc. | Canada | Indirect Subsidiary | 100% |
10 | Nelnet Business Solutions, Inc. (f/k/a FACTS Management Co.) (d/b/a FACTS Management and infiNET Integrated Solutions) | Nebraska | Indirect Subsidiary | 100% |
11 | Nelnet Academic Services, LLC (f/k/a Nelnet Mentor, LLC) | Nebraska | Direct Subsidiary | 100% |
12 | CUnet, LLC | Delaware | Indirect Subsidiary | 100% |
13 | Peterson’s Nelnet, LLC (f/k/a NELN Acquisition, LLC) | Nebraska | Indirect Subsidiary | 100% |
14 | First National Life Insurance Company of the USA | Nebraska | Indirect Subsidiary | 100% |
15 | Unilink Data Systems Pty Ltd | Australia | Indirect Subsidiary | 100% |
16 | Nelnet Servicing, LLC | Nebraska | Indirect Subsidiary | 100% |
17 | Nelnet Diversified Solutions, LLC (f/k/a NLS Holding Company, LLC) | Nebraska | Direct Subsidiary | 100% |
18 | Nelnet FFELP Student Loan Warehouse-I, LLC | Delaware | Indirect Subsidiary | 100% |
19 | Merchant Preservation Services, LLC | Nebraska | Indirect Subsidiary | 100% |
20 | Next Gen Web Solutions, LLC | Nebraska | Indirect Subsidiary | 50% |
21 | Whitetail Rock Capital Management, LLC | Nebraska | Indirect Subsidiary | 90% |
22 | Municipal Tax Investment, LLC | Nebraska | Direct Subsidiary | 100% |
23 | Globalnet, LLC | Nebraska | Direct Subsidiary | 50% |
24 | Nelnet B2B Services, LLC | Nebraska | Direct/Indirect | 100% |
25 | NHELP-III, LLC | Delaware | Indirect Subsidiary | 100% |
26 | GCO SLIMS Trust-I | Delaware | Indirect Subsidiary | 100% |
27 | GCO Education Loan Funding Trust-I | Delaware | Indirect Subsidiary | 100% |
28 | NHELP-II, LLC | Delaware | Indirect Subsidiary | 100% |
29 | Whitetail Rock Fund Management, LLC | Nebraska | Indirect Subsidiary | 90% |
30 | Nelnet Student Loan Funding II, LLC | Delaware | Indirect Subsidiary | 100% |
31 | Nelnet Student Loan Funding II, Management Corporation | Nebraska | Indirect Subsidiary | 100% |
32 | Municipal Tax Property, LLC | Nebraska | Indirect Subsidiary | 100% |
33 | Nelnet UNL Alliance, LLC | Nebraska | Direct Subsidiary | 100% |
34 | Nelnet Captive Insurance Company, Inc. | Delaware | Direct Subsidiary | 100% |
35 | GCO Education Loan Funding Master Trust - II | Delaware | Indirect Subsidiary | 100% |
36 | Nelnet Finance Corp. | Nebraska | Indirect Subsidiary | 100% |
37 | Nelnet Consumer Finance, Inc. | Nebraska | Indirect Subsidiary | 100% |
38 | Class Bundl, LLC | Nebraska | Indirect Subsidiary | 100% |
39 | Nelnet Sales Co. LLC (f/k/a NBS Sales Co., LLC) | Nebraska | Indirect Subsidiary | 100% |
40 | Education Lending Services, Inc. | Delaware | Indirect Subsidiary | 100% |
41 | Education Funding Capital I, LLC | Delaware | Indirect Subsidiary | 100% |
42 | Wilcomp Software, LLC | Texas | Indirect Subsidiary | 100% |
43 | PaymentSpring, LLC (f/k/a Nelnet Transaction Services, LLC) | Nebraska | Indirect Subsidiary | 100% |
44 | NTS - Renweb | Jamaica | Indirect Subsidiary | 100% |
45 | IniPHI, LLC | Nebraska | Indirect Subsidiary | 95% |
46 | Nelnet Loan Acquisition Corporation | Nebraska | Indirect Subsidiary | 100% |
47 | Wachovia Education Loan Funding LLC | Delaware | Indirect Subsidiary | 100% |
48 | Nelnet Private Student Loan Financing Corporation | Nebraska | Indirect Subsidiary | 100% |
49 | Nelnet Private Student Loan Warehouse-I LLC | Delaware | Indirect Subsidiary | 100% |
50 | Nelnet Fund Management LLC | Nebraska | Direct Subsidiary | 100% |
51 | Harvest 960, LP | Pennsylvania | Indirect Subsidiary | 56.6% |
52 | Timberline Suntree Associates LLC | Kansas | Indirect Subsidiary | 56.7% |
53 | Invite Education, LLC | Delaware | Indirect Subsidiary | 50% |
54 | Gigabit, LLC | Nebraska | Indirect Subsidiary | 100% |
55 | StudioCode, LLC | Nebraska | Indirect Subsidiary | 50% |
56 | 151 Building, LLC | Nebraska | Indirect Subsidiary | 50% |
57 | Lincoln Workspace, LLC | Nebraska | Indirect Subsidiary | 50% |
58 | 401 Building LLC | Nebraska | Indirect Subsidiary | 50% |
59 | EADO, LLC | Nebraska | Indirect Subsidiary | 50% |
60 | Allo Communications, LLC | Nebraska | Direct Subsidiary | 91.5% |
61 | Allo Alliance, LLC | Nebraska | Indirect Subsidiary | 91.5% |
62 | Allo North Platte, LLC | Nebraska | Indirect Subsidiary | 91.5% |
63 | Allo Holdings, LLC | Nebraska | Indirect Subsidiary | 91.5% |
64 | Allo Ogallala, LLC | Nebraska | Indirect Subsidiary | 91.5% |
65 | Allo Twin Cities, LLC | Nebraska | Indirect Subsidiary | 91.5% |
66 | 330-333 Building, LLC | Nebraska | Indirect Subsidiary | 50% |
67 | BenefitEd, LLC | Nebraska | Indirect Subsidiary | 100% |
68 | GreatNet Solutions, LLC | Nebraska | Indirect Subsidiary | 50% |
69 | Lincoln Lodging, LLC | Nebraska | Indirect Subsidiary | 50% |
70 | Lumberworks Lofts, LLC | Nebraska | Indirect Subsidiary | 50% |
71 | Mind Streams Education, LLC | Arizona | Indirect Subsidiary | 100% |
72 | Euclid Boulder Investment, LLC | Nebraska | Indirect Subsidiary | 100% |
73 | Nelnet Student Loan Funding III, LLC | Delaware | Indirect Subsidiary | 100% |
74 | Propelr, LLC | Nebraska | Direct Subsidiary | 100% |
Note: This list does not include Nelnet Student Loan Trusts utilized in asset backed security financings.