Nelnet Inc (NYSE:NNI)

45.92
Data as of Nov 26
 -0.13 / -0.28%
Today’s Change
34.86
Today|||52-Week Range
48.52
+8.97%
Year-to-Date
SECTOR
Finance
INDUSTRY
Finance/Rental/Leasing
MARKET CAP
$2.1B

Company Description

Nelnet, Inc. provides innovative educational services in loan servicing, payment processing, education planning, and asset management. The company offers a broad range of financial services, technology-based products, and tools to assist the education-seeking family throughout the learning life-cycle, and through this innovative product mix, have implemented a successful strategy to diversify revenues. The company operates through four reportable segments: Student Loan and Guaranty Servicing, Tuition Payment Processing and Campus Commerce, Enrollment Services and Asset Generation and Management. The Student Loan and Guaranty Servicing segment focuses on student loan servicing, student loan servicing-related technology solutions, and outsourcing services for guaranty agencies. Its brands include the Nelnet Loan Servicing, Firstmark Services, Nelnet Guarantor Solutions, and 5280 Solutions. The Tuition Payment Processing and Campus Commerce segment focuses on tuition payment plans and online payment processing. Its brands include FACTS Management. The Enrollment Services segment focuses on education planning and enrollment-related services, including interactive marketing. Its brands includes CUnet, Peterson's, EssayEdge, Sparkroom, and Student Marketing Group. The Asset Generation and Management segment includes the acquisition and management of the company's student loan assets. The company was founded by Michael S. Dunlap and Stephen F. Butterfield in 1977 and is headquartered in Lincoln, NE.

Contact Information

Nelnet, Inc.
121 South 13th Street
Lincoln Nebraska 68508
P:(402) 458-2370
Investor Relations:
(402) 458-3038

Employees

Shareholders

Individual stakeholders64.61%
Other institutional36.87%
Mutual fund holders25.39%

Top Executives

Jeffrey R. NoordhoekChief Executive Officer
Timothy A. TewesPresident & Executive Director
Terry J. HeimesChief Operating Officer
James D. KrugerChief Financial Officer & Executive Director
Todd M. EicherExecutive Director

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