Nothing contained in this Web site constitutes an offer to sell securities or the solicitation of an offer to buy securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. Securities described or referenced on this Web site may be offered and sold only where lawful under applicable law and via printed (not downloaded) Prospectus and Prospectus Supplement as permitted by applicable securities law. Nelnet and its affiliates (“Nelnet”) do not intend to provide investment advice through this Web site and do not represent that the securities or services discussed are suitable for any user of this Web site. Such users are advised not to rely on any information contained in the Web site in the process of making any investment decision. Nelnet does not, and this Web site does not intend to, render any tax or legal advice.

The information on this Web site is for information purposes only and has been obtained from sources believed to be reliable. However, Nelnet cannot guarantee the accuracy, timeliness or completeness of such information. Nelnet undertakes no obligation to update any information included in this Web site. The information and expressions of opinion herein (and the terms and conditions of the access to and use of such information) are subject to change without notice and Nelnet reserves the right to terminate any portion or all information on this Web site. The posting of information on this Web site does not imply that there has been no change in the affairs of Nelnet or of any of the entities issuing securities for which information is provided on this Web site following the date of posting such information.

Any address of or links to other Web sites that may be contained herein are given for the convenience of the user only. The existence of any such link does not indicate that Nelnet approves or endorses any material contained on any linked Web site. Nelnet has not participated in the preparation, compilation, or selection of information on any other Web site, and assumes no responsibility or liability for the contents thereof.

The services and information provided through this Web site are for non-commercial use and display. Each user of this Web site (i) shall not engage in any activities related to the Web site that are contrary to applicable law, regulation or public policy and (ii) in circumstances where locations of the Web site require identification for access, shall establish commercially reasonable security procedures and controls to limit access to applicable passwords and other identifying information to authorized individuals.

This Web site has been published in the United States for residents of the United States only. This Web site is not intended for use by, or to provide any information to, users outside of the United States, and any such users should not rely on any information appearing on this Web site.

The downloadable documents on this Web site, including Prospectus, Prospectus Supplements, Information Statements, Information Statement Supplements, Offering Circulars, Private Placement Memorandum and Pricing Supplements were converted to electronic format from the original version of each such document, and Nelnet has not tested or verified the accuracy or completeness of any of the above. Nelnet and its underwriters do not accept responsibility for errors or omissions in any Prospectus, Prospectus Supplements, Information Statements, Information Statement Supplements, Offering Circular, Pricing Supplement, or other documents which are referenced by or linked to any of these resulting from such electronic conversion. In no event shall Nelnet or its underwriters be liable for any lost profits, lost opportunity, consequential, indirect, incidental, punitive, exemplary or special damages of any kind arising out of any use of or inability to use the Web site or any portion thereof or information therein, regardless of whether Nelnet or its underwriters have been informed of the likelihood of such damages occurring and regardless of the form of action, whether in contract, warranty, tort (including negligence), strict liability, or otherwise. In no event will Nelnet or its underwriters be liable for any damages of any kind on any theory of liability arising out of or in connection with the use of any Prospectus, Prospectus Supplement, Information Statement, Information Statement Supplements, Offering Circular, Private Placement Memorandum or Pricing Supplement. Nelnet disclaims any responsibility or liability for any delay, difficulty in use, computer viruses, malicious code or other defect in this Web site, any incompatibility between the Web site and the user's files and the user's browser or other site accessing program, any damages caused by viruses contained within the electronic files at this Web site, or any other problems experienced by the user. In addition, Internet communications cannot be guaranteed to be secure or error-free as information could be intercepted, corrupted, lost, destroyed, arrive late or incomplete, or contain viruses. Therefore, we cannot assure that any user of this Web site will receive information in the form contained on this Web site. If verification is required, please request a hard-copy version.

As used in this Terms of Use, the term "Web site" shall mean and refer to all computer files and portions thereof, including without limitation all executable files, text files, HTML files, CGI scripts, images and graphics, and any other computer files which may be viewed, linked together or downloaded as a single interactive unit, and accessed by the public using the domain name "www.nelnet.net" or some derivative or level thereof.

SPECIAL NOTICE FOR NEW JERSEY USERS,
BY USING THIS WEBSITE, YOU: (A) ASSUME ALL RISKS OF LOSSES OR DAMAGES RESULTING FROM YOUR USE OF OR INABILITY TO USE THIS WEBSITE; (B) IRREVOCABLY WAIVE ALL LOSSES OR INDIRECT, SPECIAL, CONSEQUENTIAL, PUNITIVE OR INCIDENTAL DAMAGES (INCLUDING, WITHOUT LIMITATION, THOSE RESULTING FROM LOST PROFITS, LOST DATA OR BUSINESS INTERRUPTION) THAT MAY OCCUR AS A RESULT OF YOUR USE OF THIS WEBSITE; AND (C) EXPRESSLY AGREE TO RELEASE AND DISCHARGE NELNET, AND ITS AFFILIATES, EMPLOYEES, AGENTS, REPRESENTATIVES, SUCCESSORS, OR ASSIGNS FROM ANY AND ALL CLAIMS OR CAUSES OF ACTION RESULTING, DIRECTLY OR INDIRECTLY, FROM YOUR USE OF THIS WEBSITE];  AND (D) YOU VOLUNTARILY GIVE UP OR WAIVE ANY RIGHT THAT YOU MAY OTHERWISE HAVE TO BRING A LEGAL ACTION AGAINST NELNET FOR LOSSES OR DAMAGES, WHETHER BASED ON WARRANTY, CONTRACT, TORT OR OTHER LEGAL THEORY, INCLUDING ANY CLAIM BASED ON ALLEGED NEGLIGENCE ON THE PART OF NELNET AND ITS AGENTS AND EMPLOYEES. YOU ACKNOWLEDGE THAT YOU HAVE CAREFULLY READ THIS “WAIVER AND RELEASE” AND FULLY UNDERSTAND THAT IT IS A RELEASE OF LIABILITY.