Nelnet, Inc.
NNINYSEFinancialsCredit Services

About Nelnet

Nelnet, Inc. engages in loan servicing, education technology services, and payment businesses worldwide. The company operates through four segments: Loan Servicing and Systems, Education Technology Services and Payments, Asset Generation and Management, and Nelnet Bank. The Loan Servicing and Systems segment provides loan conversion, application processing, borrower updates, customer, payment processing, due diligence procedures, funds management reconciliation, and claim processing services. This segment also offers student loan servicing software; and business process outsourcing services primarily in contact center management, such as inbound calls, outreach campaigns and sales, and interacting with customers through multi-channels, and processing and administrative services. The Education Technology Services and Payments segment provides financial management services; school information system software; a donation platform; education technology solutions; and customized professional development and coaching, and advanced learning and educational instruction services. This segment also offers tuition payment plans, and service and technology for student billings, payments, and refunds; solutions for in-person, online, and mobile payment experiences on campus; payment processing services, such as credit card and electronic transfer; learning management system; an integrated commerce payment platform; and a school management platform that provides administrative, information and financial management, and communication functions for K-12 schools. The Asset Generation and Management segment acquires, manages, and owns loan assets. The Nelnet Bank segment operates as an internet industrial bank. It also offers investment advisory, investment, and reinsurance services, as well as engages in the real estate investment; and solar engineering, procurement, and construction businesses. The company was incorporated in 1977 and is headquartered in Lincoln, Nebraska.

Company Information

CEOJeffrey Noordhoek
Founded1978
IPO DateDecember 11, 2003
Employees6,739
CountryUnited States
Fiscal YearJanuary - December

Stock Details

ExchangeNYSE (NYSE)
CurrencyUSD - USD
TypeStock
SubtypeCommon Stock
Share ClassClass A Shares

Contact Information

Phone402 458 2370
Address
121 South 13th Street, Suite 100 Lincoln, Nebraska 68508 United States

Corporate Identifiers

CIK0001258602
CUSIP64031N108
ISINUS64031N1081
EIN84-0748903
SIC6141

Leadership Team & Key Executives

Jeffrey R. Noordhoek
Chief Executive Officer
Michael Sullivan Dunlap J.D.
Executive Chairman of the Board
Timothy Alan Tewes
President
James D. Kruger CPA
Chief Financial Officer
Terry J. Heimes
Chief Operating Officer
Matthew W. Dunlap
Chief Business Development Officer, President of Nelnet Financial Services and Director
Deeann K. Wenger
President of Nelnet Business Services
Phil Morgan
Director of Investor Relations
William J. Munn J.D.
Corporate Secretary, Chief Governance Officer and General Counsel
Emily R. Olinger
Chief People Services Officer