Nelnet

Nelnet is a secure online ecommerce solution that enables UND to create and manage online payments.

Nelnet simplifies electronic transactions, making it easy for students, parents, alumni, and the broader community to conduct business with the University. The system accepts payments via Visa, Mastercard, Discover, and American Express.

Nelnet inegrates with the University's General Ledger system, ensuring accurate and efficient financial reporting.

Nelnet Connection to Third Party Software

Departments who utilize a third party software to manage an online service must ensure that the third party software connects to Nelnet. This connection allows the shopper to utilize the third party software to shop, but connects the shopper back to Nelnet for payment. Transactions are then recorded to the general ledger through integration between Nelnet and PeopleSoft Finance.

Credit Card Fees

Credit card transactions processed through Nelnet are subject to a fee of approximately 2-3%. These fees are charged back to the department. UND Treasury records the credit card fees monthly via journal entry, ensuring accurate financial tracking and reporting.

Questions about Nelnet?

For questions or assistance related to Nelnet, please contact UND Treasury.