EX-21.1 2 nni-12312020xex_211.htm EX-21.1

Exhibit 21.1

List of Direct and Indirect Subsidiaries of Nelnet, Inc. as of December 31, 2020

						Name			Organized in			Relationship to Nelnet Inc.			Percentage Ownership
1						1867 - GS20A LLC			Nebraska			Indirect Subsidiary			100.0		%
2						1867 - GS21 LLC			Nebraska			Indirect Subsidiary			100.0		%
3						1867 - Kear21 LLC			Nebraska			Indirect Subsidiary			100.0		%
4						1867 - NUG21 LLC			Nebraska			Indirect Subsidiary			100.0		%
5						1867 - RP20, LLC			Nebraska			Indirect Subsidiary			100.0		%
6						1867 - Sol21 LLC			Nebraska			Indirect Subsidiary			100.0		%
7						1867 - SR, LLC			Nebraska			Indirect Subsidiary			100.0		%
8						1867 Capital-1, LLC			Nebraska			Direct Subsidiary			100.0		%
9						1867-C2, LLC			Nebraska			Indirect Subsidiary			100.0		%
10						1867-C2,NY, LLC			Nebraska			Indirect Subsidiary			100.0		%
11						1867-Excelsior, LLC			Nebraska			Indirect Subsidiary			100.0		%
12						1867-NY1, LLC			Nebraska			Indirect Subsidiary			100.0		%
13						1867-RP, LLC			Nebraska			Indirect Subsidiary			100.0		%
14						ACM F Acquisition, LLC			Nebraska			Indirect Subsidiary			100.0		%
15						Aware3, LLC			Missouri			Indirect Subsidiary			100.0		%
16						CampusGuard, LLC			Nebraska			Indirect Subsidiary			100.0		%
17						Community Development Opportunity Fund III, LLC			Nebraska			Indirect Subsidiary			100.0		%
18						Community Development Opportunity Fund IV, LLC			Nebraska			Indirect Subsidiary			100.0		%
19						Education Funding Capital I, LLC			Delaware			Indirect Subsidiary			100.0		%
20						EFS Finance Co., LLC			Nebraska			Indirect Subsidiary			100.0		%
21						FACTS Education Corporation			Nebraska			Indirect Subsidiary			100.0		%
22						FACTS Education Solutions, LLC			Arizona			Indirect Subsidiary			100.0		%
23						FACTS Management AUS Pty Ltd.			Australia			Indirect Subsidiary			100.0		%
24						First National Life Insurance Company of the USA			Nebraska			Indirect Subsidiary			100.0		%
25						FM Systems, LLC d/b/a Tuition Management Systems, LLC			Delaware			Indirect Subsidiary			100.0		%
26						FP Sacramento, LLC			Nebraska			Indirect Subsidiary			100.0		%
27						Great Lakes Educational Loan Services, Inc.			Wisconsin			Indirect Subsidiary			100.0		%
28						GreatNet Solutions, LLC			Nebraska			Indirect Subsidiary			100.0		%
29						Municipal Tax Investment, LLC			Nebraska			Direct Subsidiary			100.0		%
30						Municipal Tax Property, LLC			Nebraska			Indirect Subsidiary			100.0		%
31						National Education Loan Network, Inc.			Nebraska			Direct Subsidiary			100.0		%
32						Nelnet Academic Services, LLC			Nebraska			Direct Subsidiary			100.0		%
33						Nelnet Bank, Inc.			Utah			Direct Subsidiary			100.0		%
34						Nelnet Business Solutions - Canada, Inc.			Canada			Indirect Subsidiary			100.0		%
35						Nelnet Business Solutions, Inc.			Nebraska			Indirect Subsidiary			100.0		%
36						Nelnet Captive Insurance Company, Inc.			Delaware			Direct Subsidiary			100.0		%
37						Nelnet Consumer Finance, Inc.			Nebraska			Indirect Subsidiary			100.0		%
38						Nelnet Diversified Solutions, LLC			Nebraska			Direct Subsidiary			100.0		%
39			*			Nelnet Education Loan Funding, Inc.			Nebraska			Indirect Subsidiary			100.0		%
40						Nelnet FFELP Student Loan Warehouse-I, LLC			Delaware			Indirect Subsidiary			100.0		%

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41						Nelnet Finance Corp.			Nebraska			Indirect Subsidiary			100.0		%
42						Nelnet Fund Management, LLC			Nebraska			Direct Subsidiary			100.0		%
43						Nelnet Learning Technologies			Nebraska			Indirect Subsidiary			100.0		%
44						Nelnet Loan Acquisition Corporation			Nebraska			Indirect Subsidiary			100.0		%
45						Nelnet Management Corporation-1			Nevada			Indirect Subsidiary			100.0		%
46						Nelnet Private Education Loan Funding, LLC			Delaware			Indirect Subsidiary			100.0		%
47						Nelnet Private Student Loan Financing Corporation			Nebraska			Indirect Subsidiary			100.0		%
48						Nelnet Private Student Loan Warehouse-2, LLC			Delaware			Indirect Subsidiary			100.0		%
49						Nelnet Private Student Loan Warehouse-I LLC			Delaware			Indirect Subsidiary			100.0		%
50						Nelnet Real Estate Ventures, LLC			Nebraska			Indirect Subsidiary			100.0		%
51						Nelnet Sales Co., LLC			Nebraska			Indirect Subsidiary			100.0		%
52						Nelnet Servicing, LLC			Nebraska			Indirect Subsidiary			100.0		%
53						Nelnet Solar, LLC			Nebraska			Direct Subsidiary			100.0		%
54						Nelnet Store, LLC			Nebraska			Indirect Subsidiary			100.0		%
55						Nelnet Student Loan Funding II Management Corporation			Nebraska			Indirect Subsidiary			100.0		%
56						Nelnet Student Loan Funding II, LLC			Delaware			Indirect Subsidiary			100.0		%
57						Nelnet Student Loan Funding III, LLC			Delaware			Indirect Subsidiary			100.0		%
58						Nelnet Student Loan Funding Management Corporation			Nevada			Indirect Subsidiary			100.0		%
59						Nelnet Student Loan Funding, LLC			Delaware			Indirect Subsidiary			100.0		%
60						Nelnet UNL Alliance, LLC			Nebraska			Direct Subsidiary			100.0		%
61						NHELP-II, LLC			Delaware			Indirect Subsidiary			100.0		%
62						NHELP-III, LLC			Delaware			Indirect Subsidiary			100.0		%
63						NTS - Renweb Jamaica, Ltd			Jamaica			Indirect Subsidiary			100.0		%
64						PaymentSpring, LLC			Nebraska			Indirect Subsidiary			100.0		%
65						Wachovia Education Loan Funding LLC			Delaware			Indirect Subsidiary			100.0		%
66						Nelnet International PTY LTD			Australia			Indirect Subsidiary			100.0		%
67						Higherschool Publishing Company			Illinois			Indirect Subsidiary			100.0		%
68						1867-Agate20, LLC			Nebraska			Indirect Subsidiary			100.0		%
69						Community Development Opportunity Fund V			Nebraska			Direct Subsidiary			100.0		%
70						C2 CT Fund 1 Holdings, LLC			Delaware			Indirect Subsidiary			99.0		%
71						GSPP NN Fund I, LLC			New York			Indirect Subsidiary			99.0		%
72						GSPP NN Fund II, LLC			New York			Indirect Subsidiary			99.0		%
73						GSPP NN Fund III, LLC			New York			Indirect Subsidiary			99.0		%
74						Kearsarge NYMA MT, LLC			Massachusetts			Direct Subsidiary			99.0		%
75						Nelnet B2B Services, LLC			Nebraska			Direct Subsidiary			99.0		%
76						NY CSG 2 Holdings, LLC			Delaware			Indirect Subsidiary			99.0		%
77						RenewProp Lessee 2, LLC			Delaware			Indirect Subsidiary			99.0		%
78						RenewProp Lessee I, LLC			Delaware			Indirect Subsidiary			99.0		%
79						Virgo Charlestown NY Holdco, LLC			Delaware			Direct Subsidiary			99.0		%
80						Virgo Skipjack Holdco, LLC			Delaware			Direct Subsidiary			99.0		%
81						Duluth Storage, LLC			Delaware			Indirect Subsidiary			95.0		%
82						Norcross Storage, LLC			Delaware			Indirect Subsidiary			95.0		%
83						WPC-NN Atlanta Storage, LLC			Delaware			Indirect Subsidiary			95.0		%
84						WPC-NN AZSI Acquisition, LLC			Delaware			Indirect Subsidiary			95.0		%
85						WPC-NN Flowing Wells, LLC			Delaware			Indirect Subsidiary			95.0		%
86						WPC-NN Grand Avenue Storage, LLC			Delaware			Indirect Subsidiary			95.0		%
87						WPC-NN Lake Mary Storage, LLC			Delaware			Indirect Subsidiary			95.0		%

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88						WPC-NN Loop 410 Storage, LLC			Delaware			Indirect Subsidiary			95.0		%
89						WPC-NN Perrin Beitel Storage, LLC			Delaware			Indirect Subsidiary			95.0		%
90						WPC-NN Portland Schmeer Storage, LLC			Delaware			Indirect Subsidiary			95.0		%
91						1st Source Solar 2, LLC			Delaware			Direct Subsidiary			90.0		%
92						1st Source Solar 3, LLC			Delaware			Direct Subsidiary			90.0		%
93						1st Source Solar 5, LLC			Delaware			Indirect Subsidiary			90.0		%
94						1st Source Solar 6, LLC			Delaware			Indirect Subsidiary			90.0		%
95						Whitetail Rock Capital Management, LLC			Nebraska			Indirect Subsidiary			90.0		%
96						Whitetail Rock Fund Management, LLC			Nebraska			Indirect Subsidiary			90.0		%
97						Community Development Opportunity Fund I, LLC			Nebraska			Direct Subsidiary			100.0		%
98						SSI MN Tranche 1, LLC			Delaware			Indirect Subsidiary			89.1		%
99						Virgo KAM Holdco, LLC			Delaware			Indirect Subsidiary			89.1		%
100						Wenonah Holdings, LLC			Delaware			Indirect Subsidiary			89.1		%
101						SRC Partnership 2, LLC			Delaware			Indirect Subsidiary			89.0		%
102						WPC-NN Carlsbad Caribou Court, LLC			Delaware			Indirect Subsidiary			86.1		%
103						3430 FP Drive, LP			Delaware			Indirect Subsidiary			81.7		%
104						Community Development Opportunity Fund II, LLC			Nebraska			Direct Subsidiary			68.9		%
105						WPC-NN Chula 1-5 JV, LLC			Delaware			Indirect Subsidiary			65.0		%
106						1867-NelKSI LLC			Nebraska			Indirect Subsidiary			64.5		%
107						330-333 Building Acquisition Corporation			Nebraska			Indirect Subsidiary			50.0		%
108						330-333 Building, LLC			Nebraska			Indirect Subsidiary			50.0		%
109						401 Building Acquisition Corporation			Nebraska			Indirect Subsidiary			50.0		%
110						401 Building LLC			Nebraska			Indirect Subsidiary			50.0		%
111						4600 Innovation Drive, LLC			Nebraska			Indirect Subsidiary			50.0		%
112						7200 WorldCom, LLC			Nebraska			Indirect Subsidiary			50.0		%
113						BenefitEd, LLC			Nebraska			Indirect Subsidiary			50.0		%
114						EADO, LLC			Nebraska			Indirect Subsidiary			50.0		%
115						Invite Education, LLC			Delaware			Direct Subsidiary			50.0		%
116						LT&T Collection LLC			Nebraska			Indirect Subsidiary			50.0		%
117						Lumberworks Lofts Acquisition Corporation			Nebraska			Indirect Subsidiary			50.0		%
118						Lumberworks Lofts, LLC			Nebraska			Indirect Subsidiary			50.0		%
119						NGWeb Solutions, LLC			Nebraska			Indirect Subsidiary			50.0		%
120						Telegraph Lofts West LLC			Nebraska			Indirect Subsidiary			50.0		%
121						Timberline Suntree Associates, LLC			Kansas			Direct Subsidiary			50.0		%
122						West Haymarket Holding Company, LLC			Nebraska			Indirect Subsidiary			50.0		%
123						TDP Phase Three - NMTC, LLC			Nebraska			Indirect Subsidiary			25.0		%
124						TDP Phase Three, LLC			Nebraska			Indirect Subsidiary			25.0		%

Note: This list does not include Nelnet Student Loan Trusts utilized in asset backed security financings.