K-12 High-Yield Savings Accounts

See Our Rates

We take “high-yield” highly serious, so we work to offer competitive rates that keep your money growing strong.

Get Started

$0.00 – $24,999.99


$25,000 – $99,999.99


$100,000 – $249,999.99


$250,000 – $2,499,999.99


$2,500,000 and Up


Displayed rates are accurate as of May 1, 2024 and may be different at the time you apply. The rate is subject to change after the account is open.

APY is Annual Percentage Yield

Fee Schedule

Always know what you’ll pay.

  • Check$15 Outgoing Wire Fee

    That’s really it. We don’t make our customers pay hidden fees.

A Smart, Safe Decision

The vitality of your school is top of mind for you – and us.

Competitive, High-Interest Rates

We offer competitive rates that help your account grow so you can do more with your money.

A Trusted Partner

We designed this product in partnership with FACTS. Our customized tiers and interest rates are optimized to help K-12 schools.

No Monthly Maintenance Fees

Pay less and earn more, with an account that doesn’t nickel-and-dime you each month.

Quick Access to Your Funds

Prepare for unexpected events or expenses with quick access to your funds.

How to Get Started

Ready to make your savings work harder? Just complete the steps below.


Apply Online

Complete an application in minutes with our streamlined application process.


Transfer Funds Into Your Account

Add $2,500 or more into your new Nelnet Bank High-Yield Savings Account.


Start Earning Interest

Interest compounds daily and pays monthly, so your money will start growing from day 1.

Already Have an Account?

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