Kindora
FeaturesSocial Impact InvestmentsPricing
AboutLive Demos
Sign InSign Up
    Kindora
    FeaturesSocial Impact InvestmentsPricing
    AboutLive Demos
    Sign InSign Up
    1. Home
    2. Foundations
    3. Nebraska Student Loan Program
    Nebraska Student Loan Program logo

    Nebraska Student Loan Program

    ActiveEducation
    LINCOLN, NEWebsite4024796623

    About Nebraska Student Loan Program

    The Nebraska Student Loan Program, Inc. concentrates virtually all of its giving into a single purpose: funding and capitalizing its subsidiary Inceptia to support student financial aid services. Grants are structured as large cash/equity injections to a related organization that carries out student loan administration, default prevention, and financial education work. This indicates the foundation prioritizes sustaining and scaling its operational arm rather than making external community or competitive grants.

    Focus Areas

    Capitalization and equity investment in a related student financial services subsidiary (Inceptia)Student financial aid administration and loan program infrastructureStudent financial literacy, default prevention, and account servicing through an affiliated organization

    Who They Fund

    subsidiary organization: Inceptia

    Giving Approach

    Highly concentrated — almost all assets are deployed in a few very large grants to a single subsidiary; repeat, internal investments rather than distributed philanthropic grants to outside nonprofits.

    Funding Style

    subsidiary support / affiliation funding

    About Nebraska Student Loan Program

    Nebraska Student Loan Program Inc directs nearly all of its grantmaking to one affiliated organization: Inceptia. The largest recent grant in the file was $115,249,007 in 2024 to Inceptia in Lincoln, Nebraska, described as a grant to a subsidiary organization. Two other 2024 awards of $43,000,000 and $41,863,037 went to the same recipient, and a 2025 award of $40,008,683 was structured as a cash and equity investment grant. That pattern shows a funder built around supporting an internal student financial services platform rather than distributing money across many outside nonprofits. The organization’s recent grants point to a narrow institutional mission: capitalizing and sustaining Inceptia’s student loan administration, default prevention, and financial education work. Because the recipient is a subsidiary organization, the grant record reads as ongoing organizational support tied to a related operating arm. Across the file, the recipient name is consistent and the grant language stays focused on subsidiary funding, cash support, and equity investment. For a researcher, that makes Nebraska Student Loan Program Inc a specialized funder whose giving is organized around one affiliated entity and the services it provides in student financial aid.

    What Nebraska Student Loan Program Funds

    The clearest theme in the grant record is subsidiary capitalization. Nebraska Student Loan Program Inc gave $115,249,007 to Inceptia for a grant to subsidiary organization, then followed with another $43,000,000 cash grant to the same recipient. Those awards show funding directed to the entity itself, not to separate outside programs. A second thread is operational support for student financial services infrastructure. Inceptia received $41,863,037 in 2024 and $40,008,683 in 2025, with the later award described as a cash and equity investment grant to the subsidiary organization. The purpose language ties the funding to sustaining the organization’s work in student financial aid administration. The record also reflects support for account servicing and default prevention through the affiliated organization. A separate $2,850,584 grant to Inceptia reinforces the pattern of repeated support to the same operating subsidiary.

    How Nebraska Student Loan Program Gives

    The recent grant-size profile is tightly clustered at the high end: p25 is $40,008,683, median is $41,863,037, and p75 is $43,000,000. That narrow spread suggests highly standardized awards rather than a broad range of grant sizes. The file also includes one much larger outlier at $115,249,007. The giving pattern is recurring and concentrated. All five recent grants go to the same recipient, Inceptia, across 2023, 2024, and 2025, which points to repeated support over multiple years rather than one-off competitive grants. The structure is also specific: the record includes cash grants and a cash & equity investment grant. No application process is indicated in the data.

    Financial Snapshot

    Annual Giving

    $40M

    Total Assets

    $28.8M

    Total Revenue

    $15M

    Total Expenses

    $47.5M

    Typical Grant Size

    Most grants fall between $40M and $43M, with a median of $41.9M.

    25th Percentile

    $40M

    Median

    $41.9M

    75th Percentile

    $43M

    Geographic Reach

    Local1 state funded

    About 100% of grants go to recipients in NE.

    Funding intensity
    Low
    High
    Headquarters

    Leadership

    DAVID MACOUBRIE

    Deep Analysis

    Unlock Deep Analysis

    Sign up for a free Kindora account to access AI-generated insights into this funder's giving patterns, decision-makers, and fit signals.

    Get Started Free

    Similar Funders

    See Similar Funders

    Free Kindora accounts unlock side-by-side comparisons with foundations that share this funder's focus areas and giving profile.

    Get Started Free

    Explore related grant guides

    Scholarships GrantsGrants in Nebraska

    Want a Personalized Pitch for Nebraska Student Loan Program?

    Sign up free to see how well your nonprofit fits this funder, get an AI-generated pitch, and unlock similar foundations.

    Get Started FreeView Pricing
    Free plan available
    No contracts
    Cancel anytime
    Free Weekly Newsletter

    The Grant Brief

    Weekly grant intelligence for social impact leaders. Curated opportunities, funding trends, and strategic insights — free.

    Join 500+ social impact leaders. Unsubscribe anytime. Privacy Policy

    Trusted by mission-driven teams at organizations nationwide

    Kindora Logo

    At Kindora, we combine data-driven insights with a human touch to create meaningful, strategic fundraising solutions for mission-driven organizations of all sizes.

    Get The Grant Brief — free weekly grant intelligence

    Quick Links

    • Features
    • Social Impact Investments
    • About Us
    • Mission
    • How It Works
    • Pricing
    • Sales deck
    • Philanthropy Jobs
    • Nonprofit Compensation
    • Live demo (every plan)
    • Individual prospecting demoBeta
    • Blog
    • FAQ
    • Getting Started

    Connect With Us

    LinkedInTwitterFacebook

    Find Grants

    Grants by CauseGrants by StateFoundations by CityEducation GrantsHealth GrantsArts & Culture GrantsEnvironment GrantsCommunity Development GrantsYouth Development Grants

    © 2026 Kindora. All rights reserved.

    Privacy PolicyTerms of ServiceSystem Status
    EIN: 36-3514573
    2 filings on record
    See If You're a Fit — FreeFree account · instant fit score · similar funders
    cash grant-making
    equity investment / mission-related investment
    recurring/multi-date funding

    Notable grantees: Inceptia

    Topics

    subsidiary capitalizationoperational / general operating supportorganizational financial supportinvestment in entity growth

    Where Nebraska Student Loan Program Makes Grants

    Grantmaking is fully local and entirely concentrated in Nebraska. Every listed recipient is in Lincoln, NE, and 100% of grants in the file go to recipients in the headquarters state. The recipient country distribution is entirely U.S.-based, with 5 grants to U.S. recipients. The pattern is narrow enough that the geographic footprint can be summarized by one city: Lincoln.

    Frequently Asked Questions About Nebraska Student Loan Program

    Who receives Nebraska Student Loan Program Inc grants?

    All five recent grants in the file go to one affiliated recipient, Inceptia in Lincoln, NE. The awards range from $2,850,584 to $115,249,007, and the grant language identifies Inceptia as a subsidiary organization.

    What does Nebraska Student Loan Program Inc fund?

    The grant descriptions point to student financial aid services, loan program infrastructure, financial literacy, default prevention, and account servicing through Inceptia. The funding is directed to the subsidiary organization itself rather than to multiple external charities.

    How large are the typical grants?

    The grant-size distribution is very concentrated: p25 is $40,008,683, median is $41,863,037, and p75 is $43,000,000. That shows a cluster of large, similar-sized awards, with one larger grant of $115,249,007 in the recent record.

    Does Nebraska Student Loan Program Inc fund outside Nebraska?

    No. The geographic scope is local, 100% of grants go to recipients in Nebraska, and the listed recipient city is Lincoln for every grant in the recent file.

    Does the foundation make recurring grants?

    Yes. The same recipient, Inceptia, appears in grants dated 2023, 2024, and 2025. The repeated awards include both cash grants and a cash & equity investment grant, showing ongoing support over multiple years.

    Latest 990 Filing

    2025

    Source: IRS Form 990-PF, fiscal year 2025.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    INCEPTIALINCOLN, NE$40,008,6832025CASH & EQUITY INVESTMENT GRANT TO SUBSIDIARY ORGANIZATION INCEPTIA 9/30/24
    INCEPTIALINCOLN, NE$115,249,0072024GRANT TO SUBSIDIARY ORGANIZATION INCEPTIA 9/7/23
    INCEPTIALINCOLN, NE$43,000,0002024CASH GRANT TO SUBSIDIARY ORGANIZATION INCEPTIA 9/19/23
    INCEPTIALINCOLN, NE$41,863,0372024GRANT TO SUBSIDIARY ORGANIZATION INCEPTIA 9/11/23
    INCEPTIALINCOLN, NE$2,850,5842024GRANT TO SUBSIDIARY ORGANIZATION INCEPTIA 7/1/23

    INCEPTIA

    $40,008,683
    LINCOLN, NE2025

    CASH & EQUITY INVESTMENT GRANT TO SUBSIDIARY ORGANIZATION INCEPTIA 9/30/24

    INCEPTIA

    $115,249,007
    LINCOLN, NE2024

    GRANT TO SUBSIDIARY ORGANIZATION INCEPTIA 9/7/23

    INCEPTIA

    $43,000,000
    LINCOLN, NE2024

    CASH GRANT TO SUBSIDIARY ORGANIZATION INCEPTIA 9/19/23

    INCEPTIA

    $41,863,037
    LINCOLN, NE2024

    GRANT TO SUBSIDIARY ORGANIZATION INCEPTIA 9/11/23

    INCEPTIA

    $2,850,584
    LINCOLN, NE2024

    GRANT TO SUBSIDIARY ORGANIZATION INCEPTIA 7/1/23