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Nelnet Inc (NYSE:NNI)

36.33
Delayed Data
As of 4:02pm ET
 +0.70 / +1.96%
Today’s Change
27.80
Today|||52-Week Range
44.99
+8.22%
Year-to-Date
SECTOR
Finance
INDUSTRY
Finance/Rental/Leasing
MARKET CAP
$1.5B

Company Description

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.

Contact Information

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

Employees

Shareholders

Individual stakeholders72.71%
Mutual fund holders29.52%
Other institutional28.99%

Top Executives

Jeffrey R. NoordhoekChief Executive Officer
Timothy A. TewesPresident
Terry J. HeimesChief Operating Officer
Jim Kruger KrugerChief Financial Officer
Phil MorganDirector-Investor Relations