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) July 29, 2003


                        Nelnet Student Loan Funding, LLC
             (Exact name of registrant as specified in its charter)
                (Sponsor of the Nelnet Student Loan Trust 2002-1)




           Delaware               333-82280                 75-2997993
           --------               ---------                 ----------
(State of other jurisdiction      (Commission               (IRS Employer ID
of incorporation)                 File Number)              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 5. Other Events
        ------------

        This Current Report on Form 8-K is being filed to file copies of an
Underwriting Agreement among Nelnet Student Loan Funding, LLC, J.P. Morgan
Securities, Inc. and Morgan Stanley & Co., Incorporated (the "Underwriting
Agreement") dated as of July 16, 2003, an Indenture of Trust by and between
Nelnet Student Loan Funding, LLC and Zions First National Bank (the
"Indenture"), and a Trust Agreement by and between Nelnet Student Loan Funding,
LLC and Wilmington Trust Company, as Delaware trustee, (the "Trust Agreement").
The Underwriting Agreement, the Indenture and the Trust Agreement were executed
in connection with the issuance by Nelnet Student Loan Trust 2003-2 of
$862,885,000 of its Student Loan Asset-Backed Notes on July 29, 2003. The
details of this issuance are contained in the Prospectus Supplement filed on
July 25, 2003.

        The following agreements were executed and delivered as of July 1, 2003
by the respective parties thereto: (a) the Loan Purchase Agreement by and
between Nelnet Student Loan Trust 2003-2 acting through Zions First National
Bank as indenture trustee and Nelnet Student Loan Funding, LLC; (b) the Master
Servicing Agreement by and among Nelnet, Inc., Nelnet Student Loan Trust 2003-2
and Nelnet Student Loan Funding, LLC; and (c) the Administration Agreement among
Nelnet Student Loan Trust 2003-2, Wilmington Trust Company, as Delaware trustee,
Zions First National Bank, as indenture trustee, and Nelnet, Inc.

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

(a) Not applicable.

(b) Not applicable.

(c) Exhibits:

1.1     Underwriting Agreement among Nelnet Student Loan Funding, LLC, J.P.
        Morgan Securities, Inc. and Morgan Stanley & Co., Incorporated dated as
        of July 16, 2003 (filed herewith).

4.1     Indenture of Trust by and between Nelnet Student Loan Funding, LLC and
        Zions First National Bank, dated as of July 1, 2003 (filed herewith).

4.2     Trust Agreement by and between Nelnet Student Loan Funding, LLC and
        Wilmington Trust Company, as Delaware trustee, dated as of July 1, 2003
        (filed herewith).

99.1    Loan Purchase Agreement by and between Nelnet Student Loan Trust 2003-2,
        acting through Zions First National Bank, as indenture trustee and
        Nelnet Student Loan Funding, LLC, dated as of July 1, 2003 (filed
        herewith).

99.2    Master Servicing Agreement by and among Nelnet, Inc., Nelnet Student
        Loan Trust 2003-2 and Nelnet Student Loan Funding, LLC, dated as of July
        1, 2003 (filed herewith).
<PAGE>


99.3    Administration Agreement among Nelnet Student Loan Trust 2003-2,
        Wilmington Trust Company, as Delaware trustee, Zions First National
        Bank, as indenture trustee, and Nelnet, Inc., dated as of July 1, 2003
        (filed herewith).


                                   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
                                     FUNDING, LLC


                                     By: NELNET STUDENT LOAN FUNDING MANAGEMENT
                                         CORPORATION, as Manager



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

Dated:  August 11, 2003


<PAGE>


                                  EXHIBIT INDEX



               Exhibit
               -------

(1.1)  Underwriting Agreement
(4.1)  Indenture of Trust
(4.2)  Trust Agreement
(99.1) Loan Purchase Agreement
(99.2) Master Servicing Agreement
(99.3) Administration Agreement
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{"company-data": {"conformed-name": "NELNET STUDENT LOAN FUNDING LLC", "cik": "0001166221", "assigned-sic": "6163"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "333-82280", "film-number": "03834025"}, "business-address": {"street1": "1215 13TH ST", "street2": "SUITE 301", "city": "LINCOLN", "state": "NE", "zip": "68508", "phone": "4024239583"}, "mail-address": {"street1": "1215 13TH ST.", "street2": "SUITE 301", "city": "LINCOLN", "state": "NE", "zip": "68508"}}
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) July 29, 2003

                        Nelnet Student Loan Funding, LLC
             (Exact name of registrant as specified in its charter)
                (Sponsor of the Nelnet Student Loan Trust 2002-1)

           Delaware               333-82280                 75-2997993
           --------               ---------                 ----------
(State of other jurisdiction      (Commission               (IRS Employer ID
of incorporation)                 File Number)              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 5. Other Events
        ------------

        This Current Report on Form 8-K is being filed to file copies of an
Underwriting Agreement among Nelnet Student Loan Funding, LLC, J.P. Morgan
Securities, Inc. and Morgan Stanley & Co., Incorporated (the "Underwriting
Agreement") dated as of July 16, 2003, an Indenture of Trust by and between
Nelnet Student Loan Funding, LLC and Zions First National Bank (the
"Indenture"), and a Trust Agreement by and between Nelnet Student Loan Funding,
LLC and Wilmington Trust Company, as Delaware trustee, (the "Trust Agreement").
The Underwriting Agreement, the Indenture and the Trust Agreement were executed
in connection with the issuance by Nelnet Student Loan Trust 2003-2 of
$862,885,000 of its Student Loan Asset-Backed Notes on July 29, 2003. The
details of this issuance are contained in the Prospectus Supplement filed on
July 25, 2003.

        The following agreements were executed and delivered as of July 1, 2003
by the respective parties thereto: (a) the Loan Purchase Agreement by and
between Nelnet Student Loan Trust 2003-2 acting through Zions First National
Bank as indenture trustee and Nelnet Student Loan Funding, LLC; (b) the Master
Servicing Agreement by and among Nelnet, Inc., Nelnet Student Loan Trust 2003-2
and Nelnet Student Loan Funding, LLC; and (c) the Administration Agreement among
Nelnet Student Loan Trust 2003-2, Wilmington Trust Company, as Delaware trustee,
Zions First National Bank, as indenture trustee, and Nelnet, Inc.

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

(a) Not applicable.

(b) Not applicable.

(c) Exhibits:

1.1     Underwriting Agreement among Nelnet Student Loan Funding, LLC, J.P.
        Morgan Securities, Inc. and Morgan Stanley & Co., Incorporated dated as
        of July 16, 2003 (filed herewith).

4.1     Indenture of Trust by and between Nelnet Student Loan Funding, LLC and
        Zions First National Bank, dated as of July 1, 2003 (filed herewith).

4.2     Trust Agreement by and between Nelnet Student Loan Funding, LLC and
        Wilmington Trust Company, as Delaware trustee, dated as of July 1, 2003
        (filed herewith).

99.1    Loan Purchase Agreement by and between Nelnet Student Loan Trust 2003-2,
        acting through Zions First National Bank, as indenture trustee and
        Nelnet Student Loan Funding, LLC, dated as of July 1, 2003 (filed
        herewith).

99.2    Master Servicing Agreement by and among Nelnet, Inc., Nelnet Student
        Loan Trust 2003-2 and Nelnet Student Loan Funding, LLC, dated as of July
        1, 2003 (filed herewith).
99.3    Administration Agreement among Nelnet Student Loan Trust 2003-2,
        Wilmington Trust Company, as Delaware trustee, Zions First National
        Bank, as indenture trustee, and Nelnet, Inc., dated as of July 1, 2003
        (filed herewith).

                                   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
                                     FUNDING, LLC

                                     By: NELNET STUDENT LOAN FUNDING MANAGEMENT
                                         CORPORATION, as Manager

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

Dated:  August 11, 2003
EXHIBIT INDEX

               Exhibit
               -------

(1.1)  Underwriting Agreement
(4.1)  Indenture of Trust
(4.2)  Trust Agreement
(99.1) Loan Purchase Agreement
(99.2) Master Servicing Agreement
(99.3) Administration Agreement