As of 4:02pm ET
| -2.00 / -5.79%|
Nelnet, Inc. provides educational services in loan servicing, payment processing, education planning, and asset management. It offers 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. It operates through the following segments: Student Loan & Guaranty Servicing, Tuition Payment Processing & Campus Commerce, and Asset Generation & Management. The Student Loan & 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 & Campus Commerce segment focuses on tuition payment plans and online payment processing. Its brands include FACTS Management. The Asset Generation & 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.
|Jeffrey R. Noordhoek||Chief Executive Officer|
|Timothy A. Tewes||President|
|Terry J. Heimes||Chief Operating Officer|
|Jim Kruger Kruger||Chief Financial Officer|
|Phil Morgan||Director-Investor Relations|