2008-04-24 23:41:17 -

- Fitch rates Nelnet Student Loan Trust, 2008-3 as follows:

--$260,000,000 class A-1 'AAA';

--$538,000,000 class A-2 'AAA';

--$174,000,000 class A-3 'AAA';

--$478,611,000 class A-4 'AAA'.

For more information see the Nelnet Student Loan Trust, 2008-3 presale report, available to all investors on Fitch's corporate site, www.fitchratings.com.

Fitch's rating definitions and the terms of

use of such ratings are available on the agency's public site, www.fitchratings.com. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures are also available from the 'Code of Conduct' section of this site.

Fitch Ratings, New York
Melvin Zhou, 212-908-0503
Alan Bonilla, 212-908-0546
Sandro Scenga, 212-908-0278 (Media Relations)