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)   MAY 20, 2008
                                                   ------------

                NELNET STUDENT LOAN TRUST 2008-4, ISSUING ENTITY
                ------------------------------------------------
             (Exact name of registrant as specified in its charter)
                   Nelnet Student Loan Funding, LLC, Depositor
                              Nelnet, Inc., Sponsor

            DELAWARE               333-144431-04             75-2997993
            --------               -------------             ----------
  (State of other jurisdiction      (Commission            (IRS Employer
       of incorporation)            File Number)        Identification No.)


121 SOUTH 13TH STREET, SUITE 201, LINCOLN, NEBRASKA               68508
--------------------------------------------------------------------------------
               (Address of principal executive offices)        (Zip Code)

Registrant's telephone number, including area code (402) 434-7140
                                                   -----------------------------

--------------------------------------------------------------------------------
         (Former name or former address, if changes since last report.)

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 (see General Instruction A.2. below):

[ ]     Written communications pursuant to Rule 425 under the Securities
        Act (17 CFR230.425)

[ ]     Soliciting material pursuant to Rule 14a-12 under the Exchange
        Act (17 CFR240.14a-12)

[ ]     Pre-commencement communications pursuant to Rule 14d-2(b) under the
        Exchange Act (17 CFR240.14(d)-2(b))

[ ]     Pre-commencement communications pursuant to Rule 13e-4(c) un the
        Exchange Act (17 CFR240.13e-4(c))


<PAGE>




ITEM 9.01  FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.

In connection with the issuance of student loan asset-backed notes by Nelnet
Student Loan Trust 2008-4, the opinions and consent of Kutak Rock LLP and
Richards, Layton & Finger, P.A., are attached.

(a) Not applicable.

(b) Not applicable.

(c) Exhibits:

5.1      Opinion of Kutak Rock LLP, dated as of May 20, 2008, with respect
         to due authorization, enforceability and legality of the Notes
         (filed herewith).

5.2      Opinion of Richards, Layton & Finger, P.A., dated as of May 20, 2008,
         with respect to due authorization of the notes (filed herewith).

8.1      Opinion of Kutak Rock LLP, dated as of May 20, 2008, with respect to
         certain federal income tax matters (contained in Exhibit 5.1).

23.1     Consent of Kutak Rock LLP, dated as of May 20, 2008 (contained in
         Exhibit 5.1).

23.2     Consent of Richards Layton & Finger, P.A., dated as of May 20, 2008
         (contained in Exhibit 5.2).




<PAGE>




                                   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 thereunto duly authorized.


                                         NELNET STUDENT LOAN TRUST 2008-4

                                         By: NELNET STUDENT LOAN FUNDING, LLC,
                                             Depositor


                                         By: NELNET STUDENT LOAN FUNDING
                                             MANAGEMENT CORPORATION, as Manager



                                         By: /s/ Hannah Smitterberg
                                             -----------------------------------
                                            Hannah Smitterberg
                                            Assistant Vice President

Dated:  May 20, 2008


<PAGE>

                                  EXHIBIT INDEX



               EXHIBIT

(5.1)   Opinion regarding due authorization, enforceability and legality of the
        notes and certain federal income tax matters

(5.2)   Opinion regarding due authorization of the notes
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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)   MAY 20, 2008
                                                   ------------

                NELNET STUDENT LOAN TRUST 2008-4, ISSUING ENTITY
                ------------------------------------------------
             (Exact name of registrant as specified in its charter)
                   Nelnet Student Loan Funding, LLC, Depositor
                              Nelnet, Inc., Sponsor

            DELAWARE               333-144431-04             75-2997993
            --------               -------------             ----------
  (State of other jurisdiction      (Commission            (IRS Employer
       of incorporation)            File Number)        Identification No.)

121 SOUTH 13TH STREET, SUITE 201, LINCOLN, NEBRASKA               68508
--------------------------------------------------------------------------------
               (Address of principal executive offices)        (Zip Code)

Registrant's telephone number, including area code (402) 434-7140
                                                   -----------------------------

--------------------------------------------------------------------------------
         (Former name or former address, if changes since last report.)

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 (see General Instruction A.2. below):

[ ]     Written communications pursuant to Rule 425 under the Securities
        Act (17 CFR230.425)

[ ]     Soliciting material pursuant to Rule 14a-12 under the Exchange
        Act (17 CFR240.14a-12)

[ ]     Pre-commencement communications pursuant to Rule 14d-2(b) under the
        Exchange Act (17 CFR240.14(d)-2(b))

[ ]     Pre-commencement communications pursuant to Rule 13e-4(c) un the
        Exchange Act (17 CFR240.13e-4(c))
ITEM 9.01  FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.

In connection with the issuance of student loan asset-backed notes by Nelnet
Student Loan Trust 2008-4, the opinions and consent of Kutak Rock LLP and
Richards, Layton & Finger, P.A., are attached.

(a) Not applicable.

(b) Not applicable.

(c) Exhibits:

5.1      Opinion of Kutak Rock LLP, dated as of May 20, 2008, with respect
         to due authorization, enforceability and legality of the Notes
         (filed herewith).

5.2      Opinion of Richards, Layton & Finger, P.A., dated as of May 20, 2008,
         with respect to due authorization of the notes (filed herewith).

8.1      Opinion of Kutak Rock LLP, dated as of May 20, 2008, with respect to
         certain federal income tax matters (contained in Exhibit 5.1).

23.1     Consent of Kutak Rock LLP, dated as of May 20, 2008 (contained in
         Exhibit 5.1).

23.2     Consent of Richards Layton & Finger, P.A., dated as of May 20, 2008
         (contained in Exhibit 5.2).
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 thereunto duly authorized.

                                         NELNET STUDENT LOAN TRUST 2008-4

                                         By: NELNET STUDENT LOAN FUNDING, LLC,
                                             Depositor

                                         By: NELNET STUDENT LOAN FUNDING
                                             MANAGEMENT CORPORATION, as Manager

                                         By: /s/ Hannah Smitterberg
                                             -----------------------------------
                                            Hannah Smitterberg
                                            Assistant Vice President

Dated:  May 20, 2008
EXHIBIT INDEX

               EXHIBIT

(5.1)   Opinion regarding due authorization, enforceability and legality of the
        notes and certain federal income tax matters

(5.2)   Opinion regarding due authorization of the notes