<html>
    <head>
        <title></title>
    </head>

    <body style="FONT-FAMILY: 'Times New Roman'" bgcolor="#ffffff">
        <div style="WIDTH: 600px">
            <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><b><font size="2">UNITED STATES</font></b></p>

            <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><b><font size="2">SECURITIES AND EXCHANGE COMMISSION</font></b></p>

            <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 12pt"><b><font size="2">Washington, D.C. 20549</font></b></p>

            <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 12pt"><b><font size="3">FORM 8-K</font></b></p>

            <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><b><font size="2">CURRENT REPORT</font></b></p>

            <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 12pt"><b><font size="2">Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934</font></b></p>

            <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>

            <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 12pt"><font size="2">Date of Report (Date of earliest event reported)</font><font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><u><font size="2">October 22, 2009</font></u><font size="2">&nbsp;</font></p>

            <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><u><font size="2">Nelnet, Inc.</font></u></p>

            <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><font size="2">(Exact name of registrant as specified in its charter)</font></p>

            <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>

            <div align="left">
                <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="638">
                    <tr>
                        <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="213">
                            <p style="TEXT-ALIGN: center; TEXT-INDENT: 0in" align="center"><u><font size="2">Nebraska</font></u><br>
                            <font size="2">(State of other jurisdiction </font><br>
                            <font size="2">of incorporation)</font></p>
                        </td>

                        <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="213">
                            <p style="TEXT-ALIGN: center; TEXT-INDENT: 0in" align="center"><u><font size="2">001-31924</font></u><br>
                            <font size="2">(Commission</font><br>
                            <font size="2">File Number)</font></p>
                        </td>

                        <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="213">
                            <p style="TEXT-ALIGN: center; TEXT-INDENT: 0in" align="center"><u><font size="2">84-0748903</font></u><br>
                            <font size="2">(IRS Employer </font><br>
                            <font size="2">Identification No.)</font></p>
                        </td>
                    </tr>
                </table>
            </div>

            <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>

            <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><u><font size="2">121 South 13th Street, Suite 201, Lincoln,
            Nebraska</font></u><font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><u><font size="2">68508</font></u><font size="2">
            &nbsp;</font></p>

            <div align="left">
                <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="566">
                    <tr>
                        <td style="PADDING-BOTTOM: 12pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="384" nowrap>
                            <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt"><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Address of principal executive offices)</font></p>
                        </td>

                        <td style="PADDING-BOTTOM: 12pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="85" nowrap>
                            <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt"><font size="2">(ZipCode)</font></p>
                        </td>
                    </tr>
                </table>
            </div>

            <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 12pt"><font size="2">Registrant&rsquo;s telephone number, including area code</font><font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><u><font size="2">(402) 458-2370</font></u><font size="2">&nbsp;</font></p>

            <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>

            <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 12pt"><font size="2">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</font></p>

            <div align="left">
                <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="595">
                    <tr>
                        <td style="PADDING-BOTTOM: 12pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="48" nowrap>
                            <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt"><font size="2"><font face="Wingdings">o</font></font></p>
                        </td>

                        <td style="PADDING-BOTTOM: 12pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="547" nowrap>
                            <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt"><font size="2">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</font></p>
                        </td>
                    </tr>
                </table>
            </div>

            <div align="left">
                <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="596">
                    <tr>
                        <td style="PADDING-BOTTOM: 12pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="49" nowrap>
                            <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt"><font size="2"><font face="Wingdings">o</font></font></p>
                        </td>

                        <td style="PADDING-BOTTOM: 12pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="547" nowrap>
                            <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt"><font size="2">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</font></p>
                        </td>
                    </tr>
                </table>
            </div>

            <div align="left">
                <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%">
                    <tr>
                        <td style="PADDING-BOTTOM: 12pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="48">
                            <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt"><font size="2"><font face="Wingdings">o</font></font></p>
                        </td>

                        <td style="PADDING-BOTTOM: 12pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top">
                            <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt"><font size="2">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17&nbsp;CFR&nbsp;240.14d-2(b))</font></p>
                        </td>
                    </tr>
                </table>
            </div>

            <div align="left">
                <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%">
                    <tr>
                        <td style="PADDING-BOTTOM: 12pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="48">
                            <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt"><font size="2"><font face="Wingdings">o</font></font></p>
                        </td>

                        <td style="PADDING-BOTTOM: 12pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top">
                            <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt"><font size="2">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17&nbsp;CFR&nbsp;240.13e-4(c))</font></p>
                        </td>
                    </tr>
                </table>
            </div>

            <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>

            <div title="EE+ Page Footer">
                <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"></p>

                <div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; HEIGHT: 1px; FONT-SIZE: 1pt" title="EE+ Page Break">
                    <hr width="100%" noshade>
                </div>

                <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>

                <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>

                <div align="left">
                    <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%">
                        <tr>
                            <td valign="top" width="96">
                                <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt"><font size="2"><strong>Item 2.03.</strong></font></p>
                            </td>

                            <td valign="top" width="504">
                                <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt"><b><font size="2">Creation of a Direct Financial Obligation or an Obligation Under an Off-Balance Sheet Arrangement of a Registrant</font></b></p>
                            </td>
                        </tr>
                    </table>
                </div>

                <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>

                <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0.5in; MARGIN-BOTTOM: 12pt"><font size="2">On October 22, 2009, Nelnet Student Loan Trust 2009-2 (the &ldquo;Trust&rdquo;), of which Nelnet Student Loan Funding, LLC (&ldquo;Nelnet Funding&rdquo;) is the Depositor, and Wells Fargo Bank, National Association, as Indenture Trustee, and Zions First National Bank, as Eligible Lender Trustee, executed and delivered an Indenture of Trust dated as of October 1, 2009, pursuant to
                which the Trust issued $434,000,000 of Student Loan Asset-Backed Notes (the &ldquo;Notes&rdquo;). </font></p>

                <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0.5in; MARGIN-BOTTOM: 12pt"><font size="2">On the closing date, the Trust used approximately $429,889,105 of the proceeds from the sale of the notes, along with an additional $17,265,675 that was received from Nelnet, Inc., to purchase consolidation student loans from Nelnet Funding. Nelnet Funding purchased the student loans the Trust acquired from Nelnet Education Loan Funding, Inc. (&ldquo;NELF&rdquo;) and Nelnet FFELP
                Student Loan Warehouse-I, LLC.</font></p>

                <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0.5in; MARGIN-BOTTOM: 12pt"><font size="2">A description of the transaction and the documents executed in connection with the transaction will be included in the Trust&rsquo;s Form 8-K (Reg. No. 333-144431-06) to be filed on or about October 26, 2009.</font></p>

                <div align="left">
                    <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%">
                        <tr>
                            <td style="PADDING-BOTTOM: 12pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="96">
                                <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt"><b><font size="2">Item 8.01.</font></b></p>
                            </td>

                            <td style="PADDING-BOTTOM: 12pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top">
                                <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt"><b><font size="2">Other Events</font></b></p>
                            </td>
                        </tr>
                    </table>
                </div>

                <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0.5in; MARGIN-BOTTOM: 12pt"><font size="2">In connection with the issuance of the Notes by the Trust, NELF and MELMAC, LLC sold certain student loans securing the following outstanding student loan asset-backed notes:</font></p>

                <div align="left">
                    <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%">
                        <tr>
                            <td style="PADDING-BOTTOM: 12pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="48">
                                <p style="TEXT-INDENT: 0in; MARGIN-LEFT: 0in">&nbsp;</p>
                            </td>

                            <td style="PADDING-BOTTOM: 12pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="48">
                                <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt"><font size="4"><b>&bull;</b></font></p>
                            </td>

                            <td style="PADDING-BOTTOM: 12pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top">
                                <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt"><font size="2">Nelnet Education Loan Funding, Inc.:</font></p>
                            </td>
                        </tr>
                    </table>
                </div>

                <div align="left">
                    <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%">
                        <tr>
                            <td style="PADDING-BOTTOM: 12pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="72">
                                <p style="TEXT-INDENT: 0in; MARGIN-LEFT: 0in">&nbsp;</p>
                            </td>

                            <td style="PADDING-BOTTOM: 12pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="24">
                                <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt"><font size="2">o</font></p>
                            </td>

                            <td style="PADDING-BOTTOM: 12pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top">
                                <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt"><font size="2">Student Loan Program Revenue Bonds 1985 Series A, B, C, D and E;</font></p>
                            </td>
                        </tr>
                    </table>
                </div>

                <div align="left">
                    <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%">
                        <tr>
                            <td style="PADDING-BOTTOM: 12pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="72">
                                <p style="TEXT-INDENT: 0in; MARGIN-LEFT: 0in">&nbsp;</p>
                            </td>

                            <td style="PADDING-BOTTOM: 12pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="24">
                                <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt"><font size="2">o</font></p>
                            </td>

                            <td style="PADDING-BOTTOM: 12pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top">
                                <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt"><font size="2">Student Loan Program Revenue Bonds 1986 Series A, B, C and D;</font></p>
                            </td>
                        </tr>
                    </table>
                </div>

                <div align="left">
                    <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%">
                        <tr>
                            <td style="PADDING-BOTTOM: 12pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="72">
                                <p style="TEXT-INDENT: 0in; MARGIN-LEFT: 0in">&nbsp;</p>
                            </td>

                            <td style="PADDING-BOTTOM: 12pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="24">
                                <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt"><font size="2">o</font></p>
                            </td>

                            <td style="PADDING-BOTTOM: 12pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top">
                                <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt"><font size="2">Student Loan Program Revenue Bonds 1988 Series C;</font></p>
                            </td>
                        </tr>
                    </table>
                </div>

                <div align="left">
                    <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%">
                        <tr>
                            <td style="PADDING-BOTTOM: 12pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="72">
                                <p style="TEXT-INDENT: 0in; MARGIN-LEFT: 0in">&nbsp;</p>
                            </td>

                            <td style="PADDING-BOTTOM: 12pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="24">
                                <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt"><font size="2">o</font></p>
                            </td>

                            <td style="PADDING-BOTTOM: 12pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top">
                                <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt"><font size="2">1993 Series A Master Trust and 1993 Series B; and</font></p>
                            </td>
                        </tr>
                    </table>
                </div>

                <div align="left">
                    <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%">
                        <tr>
                            <td style="PADDING-BOTTOM: 12pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="48">
                                <p style="TEXT-INDENT: 0in; MARGIN-LEFT: 0in">&nbsp;</p>
                            </td>

                            <td style="PADDING-BOTTOM: 12pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="48">
                                <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt"><font size="4"><b>&bull;</b></font></p>
                            </td>

                            <td style="PADDING-BOTTOM: 12pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top">
                                <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt"><font size="2">MELMAC, LLC Student Loan Revenue Bonds Series 1994.</font></p>
                            </td>
                        </tr>
                    </table>
                </div>

                <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0.5in; MARGIN-BOTTOM: 12pt"><font size="2">In each case, the proceeds from the sale of the student loans securing such student loan asset-backed notes will be used in accordance with the applicable indenture, and will include, but not necessarily be limited to, redeeming all notes referenced above before their final maturity date.</font></p>

                <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0.5in; MARGIN-BOTTOM: 0pt">&nbsp;</p>

                <div title="EE+ Page Footer">
                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"></p>

                    <div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; HEIGHT: 1px; FONT-SIZE: 1pt" title="EE+ Page Break">
                        <hr width="100%" noshade>
                    </div>

                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>

                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>

                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0.5in; MARGIN-BOTTOM: 12pt"><font size="2">SIGNATURES</font></p>

                    <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>

                    <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0.5in; MARGIN-BOTTOM: 12pt"><font size="2">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</font></p>

                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><font size="2">Dated: October 22, 2009</font></p>

                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 3.5in"><font size="2">NELNET, INC.</font></p>

                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 3.5in">&nbsp;</p>

                    <div align="left">
                        <table border="0" cellspacing="0" cellpadding="0" width="500">
                            <tr>
                                <td valign="top" width="336" nowrap>
                                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">&nbsp;</p>
                                </td>

                                <td valign="top" width="164" nowrap>
                                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt"><font size="2"><u>By:&nbsp; /s/ Terry J. Heimes</u></font></p>
                                </td>
                            </tr>
                        </table>
                    </div>

                    <div align="left">
                        <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="554">
                            <tr>
                                <td valign="top" width="336" nowrap>
                                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">&nbsp;</p>
                                </td>

                                <td valign="top" width="48" nowrap>
                                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt"><font size="2">Name:</font></p>
                                </td>

                                <td valign="top" width="171" nowrap>
                                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt"><font size="2">&nbsp;Terry J. Heimes</font></p>
                                </td>
                            </tr>
                        </table>
                    </div>

                    <div align="left">
                        <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="627">
                            <tr>
                                <td valign="top" width="337" nowrap>
                                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">&nbsp;</p>
                                </td>

                                <td valign="top" width="49" nowrap>
                                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt"><font size="2">Title:</font></p>
                                </td>

                                <td valign="top" width="241" nowrap>
                                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt"><font size="2">Chief Financial Officer and</font></p>
                                </td>
                            </tr>
                        </table>
                    </div>

                    <div align="left">
                        <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="512">
                            <tr>
                                <td valign="top" width="387" nowrap>
                                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">&nbsp;</p>
                                </td>

                                <td valign="top" width="125" nowrap>
                                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt"><font size="2">Treasurer</font></p>
                                </td>
                            </tr>
                        </table>
                    </div>

                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>

                    <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>

                    <div title="EE+ Page Footer">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"></p>

                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>

                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>
                    </div>
                </div>
            </div>
        </div>
    </body>
</html>
[{"type": "8-K", "sequence": "1", "filename": "inc.htm", "secsgml_size_bytes": 28422}]
{"company-data": {"conformed-name": "NELNET INC", "cik": "0001258602", "assigned-sic": "6141", "irs-number": "840748903", "state-of-incorporation": "NE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-31924", "film-number": "091132884"}, "business-address": {"street1": "121 SOUTH 13TH ST", "street2": "STE 201", "city": "LINCOLN", "state": "NE", "zip": "68508", "phone": "402-458-2370"}, "mail-address": {"street1": "121 SOUTH 13TH ST", "street2": "STE 201", "city": "LINCOLN", "state": "NE", "zip": "68508"}}
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
October 22, 2009
Nelnet, Inc.
(Exact name of registrant as specified in its charter)
Nebraska
(State of other jurisdiction
of incorporation)
001-31924
(Commission
File Number)
84-0748903
(IRS Employer
Identification No.)
121 South 13th Street, Suite 201, Lincoln,
            Nebraska
68508
(Address of principal executive offices)
(ZipCode)
Registrant's telephone number, including area code
(402) 458-2370
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 2.03.
Creation of a Direct Financial Obligation or an Obligation Under an Off-Balance Sheet Arrangement of a Registrant
On October 22, 2009, Nelnet Student Loan Trust 2009-2 (the "Trust"), of which Nelnet Student Loan Funding, LLC ("Nelnet Funding") is the Depositor, and Wells Fargo Bank, National Association, as Indenture Trustee, and Zions First National Bank, as Eligible Lender Trustee, executed and delivered an Indenture of Trust dated as of October 1, 2009, pursuant to
                which the Trust issued $434,000,000 of Student Loan Asset-Backed Notes (the "Notes").
On the closing date, the Trust used approximately $429,889,105 of the proceeds from the sale of the notes, along with an additional $17,265,675 that was received from Nelnet, Inc., to purchase consolidation student loans from Nelnet Funding. Nelnet Funding purchased the student loans the Trust acquired from Nelnet Education Loan Funding, Inc. ("NELF") and Nelnet FFELP
                Student Loan Warehouse-I, LLC.
A description of the transaction and the documents executed in connection with the transaction will be included in the Trust's Form 8-K (Reg. No. 333-144431-06) to be filed on or about October 26, 2009.
Item 8.01.
Other Events
In connection with the issuance of the Notes by the Trust, NELF and MELMAC, LLC sold certain student loans securing the following outstanding student loan asset-backed notes:
•
Nelnet Education Loan Funding, Inc.:
o
Student Loan Program Revenue Bonds 1985 Series A, B, C, D and E;
o
Student Loan Program Revenue Bonds 1986 Series A, B, C and D;
o
Student Loan Program Revenue Bonds 1988 Series C;
o
1993 Series A Master Trust and 1993 Series B; and
•
MELMAC, LLC Student Loan Revenue Bonds Series 1994.
In each case, the proceeds from the sale of the student loans securing such student loan asset-backed notes will be used in accordance with the applicable indenture, and will include, but not necessarily be limited to, redeeming all notes referenced above before their final maturity date.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: October 22, 2009
NELNET, INC.
By:  /s/ Terry J. Heimes
Name:
Terry J. Heimes
Title:
Chief Financial Officer and
Treasurer