Loans and Accrued Interest Receivable and Allowance for Loan Losses - Loan Status and Delinquencies (Details) - USD ($)
$ in Thousands |
Jun. 30, 2025 |
Mar. 31, 2025 |
Dec. 31, 2024 |
Jun. 30, 2024 |
Mar. 31, 2024 |
Dec. 31, 2023 |
| Loans in repayment status: |
|
|
|
|
|
|
| Accrued interest receivable |
$ 560,927
|
|
$ 549,283
|
|
|
|
| Allowance for loan losses |
(125,349)
|
$ (120,076)
|
(114,890)
|
$ (96,764)
|
$ (106,008)
|
$ (104,643)
|
| Financing receivable, after allowance for credit loss |
10,155,483
|
|
9,992,744
|
|
|
|
| Federally insured loans - Non-Nelnet Bank |
|
|
|
|
|
|
| Financing Receivable, Recorded Investment [Line Items] |
|
|
|
|
|
|
| Loans in-school/grace/deferment |
$ 393,460
|
|
$ 376,765
|
$ 440,891
|
|
|
| Loans in-school/grace/deferment, percent |
4.70%
|
|
4.50%
|
4.60%
|
|
|
| Loans in forbearance |
$ 555,469
|
|
$ 586,412
|
$ 702,539
|
|
|
| Loans in forbearance, percent |
6.60%
|
|
7.00%
|
7.40%
|
|
|
| Loans in repayment status: |
|
|
|
|
|
|
| Loans receivable, gross |
$ 8,367,085
|
|
$ 8,388,564
|
$ 9,483,733
|
|
|
| Total loans in repayment, percentage |
100.00%
|
|
100.00%
|
100.00%
|
|
|
| Total loans in repayment |
$ 7,418,156
|
|
$ 7,425,387
|
$ 8,340,303
|
|
|
| Loans in repayment, percent |
88.70%
|
|
88.50%
|
88.00%
|
|
|
| Total loans, percent |
100.00%
|
|
100.00%
|
100.00%
|
|
|
| Accrued interest receivable |
$ 545,288
|
|
$ 540,272
|
$ 612,374
|
|
|
| Loan discount, net of unamortized premiums and deferred origination costs |
(26,523)
|
|
(21,513)
|
(24,222)
|
|
|
| Allowance for loan losses |
(47,627)
|
(48,906)
|
(49,091)
|
(54,180)
|
(61,723)
|
(68,453)
|
| Financing receivable, after allowance for credit loss |
8,838,223
|
|
8,858,232
|
10,017,705
|
|
|
| Federally insured loans - Non-Nelnet Bank | Loans current |
|
|
|
|
|
|
| Loans in repayment status: |
|
|
|
|
|
|
| Loans receivable, gross |
$ 6,378,571
|
|
$ 6,374,897
|
$ 7,012,655
|
|
|
| Loans current, percentage |
86.00%
|
|
85.90%
|
84.10%
|
|
|
| Federally insured loans - Non-Nelnet Bank | Loans delinquent 30-59 days |
|
|
|
|
|
|
| Loans in repayment status: |
|
|
|
|
|
|
| Loans past due, percentage |
3.50%
|
|
|
|
|
|
| Federally insured loans - Non-Nelnet Bank | Loans delinquent 60-89 days |
|
|
|
|
|
|
| Loans in repayment status: |
|
|
|
|
|
|
| Loans past due, percentage |
2.40%
|
|
|
|
|
|
| Federally insured loans - Non-Nelnet Bank | Loans delinquent 31-60 days |
|
|
|
|
|
|
| Loans in repayment status: |
|
|
|
|
|
|
| Loans receivable, gross |
$ 261,809
|
|
$ 243,348
|
$ 339,262
|
|
|
| Loans past due, percentage |
|
|
3.30%
|
4.10%
|
|
|
| Federally insured loans - Non-Nelnet Bank | Loans delinquent 61-90 days |
|
|
|
|
|
|
| Loans in repayment status: |
|
|
|
|
|
|
| Loans receivable, gross |
175,562
|
|
$ 166,474
|
$ 234,746
|
|
|
| Loans past due, percentage |
|
|
2.20%
|
2.80%
|
|
|
| Federally insured loans - Non-Nelnet Bank | Loans delinquent 91-120 days |
|
|
|
|
|
|
| Loans in repayment status: |
|
|
|
|
|
|
| Loans receivable, gross |
$ 111,678
|
|
$ 113,838
|
$ 151,447
|
|
|
| Loans past due, percentage |
1.50%
|
|
1.50%
|
1.80%
|
|
|
| Federally insured loans - Non-Nelnet Bank | Loans delinquent 121-270 days |
|
|
|
|
|
|
| Loans in repayment status: |
|
|
|
|
|
|
| Loans receivable, gross |
$ 360,754
|
|
$ 380,823
|
$ 377,660
|
|
|
| Loans past due, percentage |
4.90%
|
|
5.10%
|
4.50%
|
|
|
| Federally insured loans - Non-Nelnet Bank | Loans delinquent 271 days or greater |
|
|
|
|
|
|
| Loans in repayment status: |
|
|
|
|
|
|
| Loans receivable, gross |
$ 129,782
|
|
$ 146,007
|
$ 224,533
|
|
|
| Loans past due, percentage |
1.70%
|
|
2.00%
|
2.70%
|
|
|
| Private education loans - Non-Nelnet Bank |
|
|
|
|
|
|
| Financing Receivable, Recorded Investment [Line Items] |
|
|
|
|
|
|
| Loans in-school/grace/deferment |
$ 4,433
|
|
$ 5,997
|
$ 7,906
|
|
|
| Loans in-school/grace/deferment, percent |
2.80%
|
|
2.70%
|
3.20%
|
|
|
| Loans in forbearance |
$ 1,530
|
|
$ 2,089
|
$ 2,248
|
|
|
| Loans in forbearance, percent |
1.00%
|
|
0.90%
|
0.90%
|
|
|
| Loans in repayment status: |
|
|
|
|
|
|
| Loans receivable, gross |
$ 156,614
|
|
$ 221,744
|
$ 247,437
|
|
|
| Total loans in repayment, percentage |
100.00%
|
|
100.00%
|
100.00%
|
|
|
| Total loans in repayment |
$ 150,651
|
|
$ 213,658
|
$ 237,283
|
|
|
| Loans in repayment, percent |
96.20%
|
|
96.40%
|
95.90%
|
|
|
| Total loans, percent |
100.00%
|
|
100.00%
|
100.00%
|
|
|
| Accrued interest receivable |
$ 1,299
|
|
$ 2,019
|
$ 2,407
|
|
|
| Loan discount, net of unamortized premiums and deferred origination costs |
(5,162)
|
|
(6,350)
|
(7,194)
|
|
|
| Allowance for loan losses |
(7,406)
|
(10,394)
|
(11,130)
|
(13,065)
|
(14,736)
|
(15,750)
|
| Financing receivable, after allowance for credit loss |
145,345
|
|
206,283
|
229,585
|
|
|
| Private education loans - Non-Nelnet Bank | Loans current |
|
|
|
|
|
|
| Loans in repayment status: |
|
|
|
|
|
|
| Loans receivable, gross |
$ 147,690
|
|
$ 206,825
|
$ 230,512
|
|
|
| Loans current, percentage |
98.00%
|
|
96.80%
|
97.10%
|
|
|
| Private education loans - Non-Nelnet Bank | Loans delinquent 31-60 days |
|
|
|
|
|
|
| Loans in repayment status: |
|
|
|
|
|
|
| Loans receivable, gross |
$ 1,246
|
|
$ 3,424
|
$ 2,814
|
|
|
| Loans past due, percentage |
0.80%
|
|
1.60%
|
1.20%
|
|
|
| Private education loans - Non-Nelnet Bank | Loans delinquent 61-90 days |
|
|
|
|
|
|
| Loans in repayment status: |
|
|
|
|
|
|
| Loans receivable, gross |
$ 564
|
|
$ 1,275
|
$ 1,395
|
|
|
| Loans past due, percentage |
0.40%
|
|
0.60%
|
0.60%
|
|
|
| Private education loans - Non-Nelnet Bank | Loans delinquent 91 days or greater |
|
|
|
|
|
|
| Loans in repayment status: |
|
|
|
|
|
|
| Loans receivable, gross |
$ 1,151
|
|
$ 2,134
|
$ 2,562
|
|
|
| Loans past due, percentage |
0.80%
|
|
1.00%
|
1.10%
|
|
|
| Consumer loans and other loans - Non-Nelnet Bank |
|
|
|
|
|
|
| Financing Receivable, Recorded Investment [Line Items] |
|
|
|
|
|
|
| Loans in-school/grace/deferment |
$ 1,355
|
|
$ 150
|
$ 122
|
|
|
| Loans in-school/grace/deferment, percent |
0.30%
|
|
0.00%
|
0.10%
|
|
|
| Loans in repayment status: |
|
|
|
|
|
|
| Loans receivable, gross |
$ 411,470
|
|
$ 345,560
|
$ 179,447
|
|
|
| Total loans in repayment, percentage |
100.00%
|
|
100.00%
|
100.00%
|
|
|
| Total loans in repayment |
$ 410,115
|
|
$ 345,410
|
$ 179,325
|
|
|
| Loans in repayment, percent |
99.70%
|
|
100.00%
|
99.90%
|
|
|
| Total loans, percent |
100.00%
|
|
100.00%
|
100.00%
|
|
|
| Accrued interest receivable |
$ 2,260
|
|
$ 1,868
|
$ 763
|
|
|
| Loan discount, net of unamortized premiums and deferred origination costs |
(6,296)
|
|
(10,713)
|
(9,205)
|
|
|
| Allowance for loan losses |
(48,028)
|
(43,904)
|
(38,468)
|
(14,135)
|
(18,761)
|
(11,742)
|
| Financing receivable, after allowance for credit loss |
359,406
|
|
298,247
|
156,870
|
|
|
| Consumer loans and other loans - Non-Nelnet Bank | Loans current |
|
|
|
|
|
|
| Loans in repayment status: |
|
|
|
|
|
|
| Loans receivable, gross |
$ 399,263
|
|
$ 335,355
|
$ 174,295
|
|
|
| Loans current, percentage |
97.30%
|
|
97.10%
|
97.20%
|
|
|
| Consumer loans and other loans - Non-Nelnet Bank | Loans delinquent 31-60 days |
|
|
|
|
|
|
| Loans in repayment status: |
|
|
|
|
|
|
| Loans receivable, gross |
$ 3,731
|
|
$ 3,667
|
$ 2,100
|
|
|
| Loans past due, percentage |
0.90%
|
|
1.10%
|
1.20%
|
|
|
| Consumer loans and other loans - Non-Nelnet Bank | Loans delinquent 61-90 days |
|
|
|
|
|
|
| Loans in repayment status: |
|
|
|
|
|
|
| Loans receivable, gross |
$ 3,096
|
|
$ 2,143
|
$ 1,857
|
|
|
| Loans past due, percentage |
0.80%
|
|
0.60%
|
1.00%
|
|
|
| Consumer loans and other loans - Non-Nelnet Bank | Loans delinquent 91 days or greater |
|
|
|
|
|
|
| Loans in repayment status: |
|
|
|
|
|
|
| Loans receivable, gross |
$ 4,025
|
|
$ 4,245
|
$ 1,073
|
|
|
| Loans past due, percentage |
1.00%
|
|
1.20%
|
0.60%
|
|
|
| Federally insured loans - Nelnet Bank |
|
|
|
|
|
|
| Financing Receivable, Recorded Investment [Line Items] |
|
|
|
|
|
|
| Loans in-school/grace/deferment |
$ 2,665
|
|
|
|
|
|
| Loans in-school/grace/deferment, percent |
2.50%
|
|
|
|
|
|
| Loans in forbearance |
$ 5,550
|
|
|
|
|
|
| Loans in forbearance, percent |
5.20%
|
|
|
|
|
|
| Loans in repayment status: |
|
|
|
|
|
|
| Loans receivable, gross |
$ 106,555
|
|
|
|
|
|
| Total loans in repayment, percentage |
100.00%
|
|
|
|
|
|
| Total loans in repayment |
$ 98,340
|
|
|
|
|
|
| Loans in repayment, percent |
92.30%
|
|
|
|
|
|
| Total loans, percent |
100.00%
|
|
|
|
|
|
| Accrued interest receivable |
$ 5,194
|
|
|
|
|
|
| Loan discount, net of unamortized premiums and deferred origination costs |
1,221
|
|
|
|
|
|
| Allowance for loan losses |
(355)
|
|
|
|
|
|
| Financing receivable, after allowance for credit loss |
112,615
|
|
|
|
|
|
| Federally insured loans - Nelnet Bank | Loans current |
|
|
|
|
|
|
| Loans in repayment status: |
|
|
|
|
|
|
| Loans receivable, gross |
$ 88,408
|
|
|
|
|
|
| Loans current, percentage |
89.90%
|
|
|
|
|
|
| Federally insured loans - Nelnet Bank | Loans delinquent 30-59 days |
|
|
|
|
|
|
| Loans in repayment status: |
|
|
|
|
|
|
| Loans receivable, gross |
$ 2,806
|
|
|
|
|
|
| Loans past due, percentage |
2.90%
|
|
|
|
|
|
| Federally insured loans - Nelnet Bank | Loans delinquent 60-89 days |
|
|
|
|
|
|
| Loans in repayment status: |
|
|
|
|
|
|
| Loans receivable, gross |
$ 2,001
|
|
|
|
|
|
| Loans past due, percentage |
2.00%
|
|
|
|
|
|
| Federally insured loans - Nelnet Bank | Financing receivables, 90-119 days past due |
|
|
|
|
|
|
| Loans in repayment status: |
|
|
|
|
|
|
| Loans receivable, gross |
$ 1,683
|
|
|
|
|
|
| Loans past due, percentage |
1.70%
|
|
|
|
|
|
| Federally insured loans - Nelnet Bank | Financing receivables, 120-270 days past due |
|
|
|
|
|
|
| Loans in repayment status: |
|
|
|
|
|
|
| Loans receivable, gross |
$ 2,495
|
|
|
|
|
|
| Loans past due, percentage |
2.50%
|
|
|
|
|
|
| Federally insured loans - Nelnet Bank | Loans delinquent 271 days or greater |
|
|
|
|
|
|
| Loans in repayment status: |
|
|
|
|
|
|
| Loans receivable, gross |
$ 947
|
|
|
|
|
|
| Loans past due, percentage |
1.00%
|
|
|
|
|
|
| Private education loans - Nelnet Bank |
|
|
|
|
|
|
| Financing Receivable, Recorded Investment [Line Items] |
|
|
|
|
|
|
| Loans in-school/grace/deferment |
$ 45,107
|
|
$ 31,674
|
$ 41,394
|
|
|
| Loans in-school/grace/deferment, percent |
8.70%
|
|
6.60%
|
11.70%
|
|
|
| Loans in forbearance |
$ 1,926
|
|
$ 3,061
|
$ 1,985
|
|
|
| Loans in forbearance, percent |
0.40%
|
|
0.60%
|
0.60%
|
|
|
| Loans in repayment status: |
|
|
|
|
|
|
| Loans receivable, gross |
$ 516,663
|
|
$ 482,445
|
$ 354,412
|
|
|
| Total loans in repayment, percentage |
100.00%
|
|
100.00%
|
100.00%
|
|
|
| Total loans in repayment |
$ 469,630
|
|
$ 447,710
|
$ 311,033
|
|
|
| Loans in repayment, percent |
90.90%
|
|
92.80%
|
87.70%
|
|
|
| Total loans, percent |
100.00%
|
|
100.00%
|
100.00%
|
|
|
| Accrued interest receivable |
$ 5,540
|
|
$ 4,103
|
$ 2,709
|
|
|
| Loan discount, net of unamortized premiums and deferred origination costs |
(8,589)
|
|
(4,581)
|
5,501
|
|
|
| Allowance for loan losses |
(12,360)
|
(9,893)
|
(10,086)
|
(3,559)
|
(3,660)
|
(3,347)
|
| Financing receivable, after allowance for credit loss |
501,254
|
|
471,881
|
359,063
|
|
|
| Private education loans - Nelnet Bank | Loans current |
|
|
|
|
|
|
| Loans in repayment status: |
|
|
|
|
|
|
| Loans receivable, gross |
$ 460,426
|
|
$ 439,569
|
$ 308,591
|
|
|
| Loans current, percentage |
98.00%
|
|
98.20%
|
99.20%
|
|
|
| Private education loans - Nelnet Bank | Loans delinquent 30-59 days |
|
|
|
|
|
|
| Loans in repayment status: |
|
|
|
|
|
|
| Loans receivable, gross |
$ 3,102
|
|
$ 4,327
|
$ 934
|
|
|
| Loans past due, percentage |
0.70%
|
|
1.00%
|
0.30%
|
|
|
| Private education loans - Nelnet Bank | Loans delinquent 60-89 days |
|
|
|
|
|
|
| Loans in repayment status: |
|
|
|
|
|
|
| Loans receivable, gross |
$ 2,710
|
|
$ 1,497
|
$ 444
|
|
|
| Loans past due, percentage |
0.60%
|
|
0.30%
|
0.20%
|
|
|
| Private education loans - Nelnet Bank | Loans delinquent 90 days or greater |
|
|
|
|
|
|
| Loans in repayment status: |
|
|
|
|
|
|
| Loans receivable, gross |
$ 3,392
|
|
$ 2,317
|
$ 1,064
|
|
|
| Loans past due, percentage |
0.70%
|
|
0.50%
|
0.30%
|
|
|
| Consumer and other loans - Nelnet Bank |
|
|
|
|
|
|
| Financing Receivable, Recorded Investment [Line Items] |
|
|
|
|
|
|
| Loans in-school/grace/deferment |
$ 8,538
|
|
$ 5,186
|
$ 1,414
|
|
|
| Loans in-school/grace/deferment, percent |
4.20%
|
|
3.20%
|
0.80%
|
|
|
| Loans in repayment status: |
|
|
|
|
|
|
| Loans receivable, gross |
$ 204,423
|
|
$ 162,152
|
$ 187,939
|
|
|
| Total loans in repayment, percentage |
100.00%
|
|
100.00%
|
100.00%
|
|
|
| Total loans in repayment |
$ 195,885
|
|
$ 156,966
|
$ 186,525
|
|
|
| Loans in repayment, percent |
95.80%
|
|
96.80%
|
99.20%
|
|
|
| Total loans, percent |
100.00%
|
|
100.00%
|
100.00%
|
|
|
| Accrued interest receivable |
$ 1,346
|
|
$ 1,021
|
$ 1,219
|
|
|
| Loan discount, net of unamortized premiums and deferred origination costs |
2,444
|
|
1,043
|
(1,037)
|
|
|
| Allowance for loan losses |
(9,573)
|
$ (6,617)
|
(6,115)
|
(11,825)
|
$ (7,128)
|
$ (5,351)
|
| Financing receivable, after allowance for credit loss |
198,640
|
|
158,101
|
176,296
|
|
|
| Consumer and other loans - Nelnet Bank | Loans current |
|
|
|
|
|
|
| Loans in repayment status: |
|
|
|
|
|
|
| Loans receivable, gross |
$ 194,507
|
|
$ 155,772
|
$ 181,558
|
|
|
| Loans current, percentage |
99.30%
|
|
99.20%
|
97.30%
|
|
|
| Consumer and other loans - Nelnet Bank | Loans delinquent 30-59 days |
|
|
|
|
|
|
| Loans in repayment status: |
|
|
|
|
|
|
| Loans receivable, gross |
$ 1,001
|
|
$ 803
|
$ 1,516
|
|
|
| Loans past due, percentage |
0.50%
|
|
0.50%
|
0.80%
|
|
|
| Consumer and other loans - Nelnet Bank | Loans delinquent 60-89 days |
|
|
|
|
|
|
| Loans in repayment status: |
|
|
|
|
|
|
| Loans receivable, gross |
$ 193
|
|
$ 243
|
$ 1,814
|
|
|
| Loans past due, percentage |
0.10%
|
|
0.20%
|
1.00%
|
|
|
| Consumer and other loans - Nelnet Bank | Loans delinquent 90 days or greater |
|
|
|
|
|
|
| Loans in repayment status: |
|
|
|
|
|
|
| Loans receivable, gross |
$ 184
|
|
$ 148
|
$ 1,637
|
|
|
| Loans past due, percentage |
0.10%
|
|
0.10%
|
0.90%
|
|
|