Great Lakes and Nelnet, the two leading federal student loan servicers, have formed a joint venture, GreatNet Solutions™, LLC. This venture will create the servicing solution of the future, and compete in the U.S. Department of Education's (ED) ongoing procurement.
Inspired by changes called for by ED to simplify the student loan borrower experience, GreatNet is a collaboration of the best from our two organizations in our response to the procurement.
GreatNet has been announced as one of three finalists. If selected, we can help ED fulfill their vision for a streamlined student loan borrower experience, with simplified communications and easy-to-use technology on a single platform. The goal is for each student loan borrower to benefit from the same high-quality service across all touch points.