This article reports that the US Education Department has announced that it will not require the National Education Loan Network (Nelnet), a major for-profit student-loan provider based in Nebraska, to return hundreds of millions of dollars in government subsidies, but it will cut off the overpayments going forward. The department will also stop paying lenders at the highest subsidy rate until they can prove, via audit, that they qualify for it. Under the terms of the settlement, announced in January, Nelnet, as the provider is known, will be allowed to keep $278-million in payments that the department's Office of Inspector General said it improperly received from January 2003 through June 2005. It will lose out on an estimated $882-million in future federal subsidies.