The interest rate for Nelnet Loans varies and depends on several factors such as the type of loan, the borrower's creditworthiness, and the current market conditions. Nelnet offers both federal and private student loans, each with its own interest rate structure. Federal student loans have fixed interest rates that are determined by the government and adjusted annually. Private student loans, on the other hand, have variable interest rates that are influenced by market indexes such as the LIBOR or Prime Rate, and they can also be affected by the borrower's credit score. To find out the current interest rates for Nelnet Loans, it is recommended to visit their website or contact their customer service for accurate and up-to-date information.
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