SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                      -----

                                    FORM 8-K

                                 CURRENT REPORT

                               PURSUANT TO SECTION 13 OR 15 (d)

                                OF THE SECURITIES ACT OF 1934

Date of Report (date of earliest event reported)   October 8, 2002
                                                   ---------------


                               NELNET Student Loan Corporation-2
                               ---------------------------------
                    (Exact name of registrant as specified in its charter)



          Nevada                      333-93865                 84-1518863
----------------------------        --------------         -----------------
(State or other jurisdiction        (Commission              (IRS Employer
 of incorporation)                  File Number)               ID Number)


121 South 13th Street, Suite 401, Lincoln, Nebraska                    68508
------------------------------------------------------------------------------
 (Address of principal executive offices)                            (Zip Code)


Registrant's Telephone Number,
Including area code:                                             (402) 458-2301
                                                                 --------------




        (Former name or former address, if changed since last report)



<PAGE>



Item 2.  Acquisition or Disposition of Assets

        On October 8, 2002, NELNET Student Loan Corporation-2 sold to Nelnet
Student Loan Funding, LLC a portfolio of student loans having an aggregate
outstanding principal balance of approximately $1,152,000,000. Nelnet Student
Loan Funding, LLC acquired such student loans at a purchase price equal to
101.72% of the aggregate unpaid principal balance of such student loans plus
100% of the accrued and unpaid interest thereon. Proceeds from the loan sale
were deposited in the trust estate that secures repayment of the student loan
asset-backed notes NELNET Student Loan Corporation-2 previously issued. NELNET
Student Loan Corporation-2 intends to use those proceeds to redeem certain of
its auction rate student loan asset-backed notes under the terms of the
governing indenture. Nelnet Student Loan Funding, LLC, as sponsor of Nelnet
Student Loan Trust 2002-2, sold such student loans to Nelnet Student Loan Trust
2002-2 on the same date.

     NELNET Student Loan Corporation-2 is a wholly owned subsidiary of Nelnet,
Inc. and Nelnet, Inc. is a member of Nelnet Student Loan Funding, LLC.

Item 7.  Financial Statements, Pro Forma Financial Information and Exhibits.
         -------------------------------------------------------------------

(a)     Not applicable.

(b)     Not applicable.

(c)     Exhibits:

        10.1   Loan Purchase Agreement, by and between NELNET Student Loan
               Corporation-2 and Nelnet Student Loan Funding, LLC, dated as of
               October 8, 2002.




<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 CORPORATION-2


                                         By: /s/ Jeffrey R. Noordhoek
                                            -----------------------------------
                                                 Jeffrey R. Noordhoek
                                                 Senior Vice President

Dated:  October 8, 2002


<PAGE>



                                  EXHIBIT INDEX


               Exhibit

10.1    Loan Purchase Agreement, by and between NELNET Student Loan
        Corporation-2 and Nelnet Student Loan Funding, LLC, dated as of
        October 8, 2002.
[{"type": "8-K", "sequence": "1", "filename": "corp8k.txt", "secsgml_size_bytes": 3971}]
{"company-data": {"conformed-name": "NELNET STUDENT LOAN CORP- 2", "cik": "0001100718", "assigned-sic": "6189", "irs-number": "841518863", "state-of-incorporation": "NV", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "333-75693-99", "film-number": "02794881"}, "business-address": {"street1": "1801 CALIFORNIA ST SUITE 3920", "city": "DENVER", "state": "CO", "zip": "80202", "phone": "3032926930"}, "mail-address": {"street1": "1801 CALIFORNIA ST SUTIE 3920", "city": "DENVER", "state": "CO", "zip": "80202"}}
SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                      -----

                                    FORM 8-K

                                 CURRENT REPORT

                               PURSUANT TO SECTION 13 OR 15 (d)

                                OF THE SECURITIES ACT OF 1934

Date of Report (date of earliest event reported)   October 8, 2002
                                                   ---------------

                               NELNET Student Loan Corporation-2
                               ---------------------------------
                    (Exact name of registrant as specified in its charter)

          Nevada                      333-93865                 84-1518863
----------------------------        --------------         -----------------
(State or other jurisdiction        (Commission              (IRS Employer
 of incorporation)                  File Number)               ID Number)

121 South 13th Street, Suite 401, Lincoln, Nebraska                    68508
------------------------------------------------------------------------------
 (Address of principal executive offices)                            (Zip Code)

Registrant's Telephone Number,
Including area code:                                             (402) 458-2301
                                                                 --------------

        (Former name or former address, if changed since last report)
Item 2.  Acquisition or Disposition of Assets

        On October 8, 2002, NELNET Student Loan Corporation-2 sold to Nelnet
Student Loan Funding, LLC a portfolio of student loans having an aggregate
outstanding principal balance of approximately $1,152,000,000. Nelnet Student
Loan Funding, LLC acquired such student loans at a purchase price equal to
101.72% of the aggregate unpaid principal balance of such student loans plus
100% of the accrued and unpaid interest thereon. Proceeds from the loan sale
were deposited in the trust estate that secures repayment of the student loan
asset-backed notes NELNET Student Loan Corporation-2 previously issued. NELNET
Student Loan Corporation-2 intends to use those proceeds to redeem certain of
its auction rate student loan asset-backed notes under the terms of the
governing indenture. Nelnet Student Loan Funding, LLC, as sponsor of Nelnet
Student Loan Trust 2002-2, sold such student loans to Nelnet Student Loan Trust
2002-2 on the same date.

     NELNET Student Loan Corporation-2 is a wholly owned subsidiary of Nelnet,
Inc. and Nelnet, Inc. is a member of Nelnet Student Loan Funding, LLC.

Item 7.  Financial Statements, Pro Forma Financial Information and Exhibits.
         -------------------------------------------------------------------

(a)     Not applicable.

(b)     Not applicable.

(c)     Exhibits:

        10.1   Loan Purchase Agreement, by and between NELNET Student Loan
               Corporation-2 and Nelnet Student Loan Funding, LLC, dated as of
               October 8, 2002.
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 CORPORATION-2

                                         By: /s/ Jeffrey R. Noordhoek
                                            -----------------------------------
                                                 Jeffrey R. Noordhoek
                                                 Senior Vice President

Dated:  October 8, 2002
EXHIBIT INDEX

               Exhibit

10.1    Loan Purchase Agreement, by and between NELNET Student Loan
        Corporation-2 and Nelnet Student Loan Funding, LLC, dated as of
        October 8, 2002.