Company Description
Nelnet, Inc. engages in loan servicing, communications, education technology, services, and payment processing businesses worldwide.
The Loan Servicing and Systems segment provides loan conversion, application processing, borrower updates, customer service, payment processing, due diligence procedures, funds management reconciliation, and claim processing services.
This segment also offers student loan servicing software; business process outsourcing services specialized in contact center management, such as inbound calls, outreach campaigns and sales, and interacting with customers through multi-channels, and processing and technology services.
The Education Technology Services and Payments segment provides financial management services; school information system software; website design and cost-effective admissions software; FACTS Giving, a donation platform; and customized professional development and coaching services, educational instruction services, and technology products that aid in teacher and student evaluations.
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; faith community, giving, and learning management services and technologies; and an integrated commerce payment platform, financial management, and tuition payment plan services, as well as 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, insurance, and reinsurance services, as well as engages in real estate investment business.
The company was incorporated in 1977 and is headquartered in Lincoln, Nebraska.
| Country | United States |
| Founded | 1978 |
| IPO Date | Dec 11, 2003 |
| Industry | Credit Services |
| Sector | Financials |
| Employees | 7,550 |
| CEO | Jeffrey R. Noordhoek |
Contact Details
Address: 121 South 13th St, Ste 201 Lincoln, Nebraska 68508 United States | |
| Phone | 402-458-2370 |
| Website | nelnet.com |
Stock Details
| Ticker Symbol | NNI |
| Exchange | NYSE |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0001258602 |
| CUSIP Number | 64031N108 |
| ISIN Number | US64031N1081 |
| Employer ID | 84-0748903 |
| SIC Code | 6141 |
Key Executives
| Name | Position |
|---|---|
| Jeffrey R. Noordhoek | Chief Executive Officer |
| Timothy Alan Tewes | President |
| James D. Kruger | Chief Financial Officer |
| Terry J. Heimes | Chief Operating Officer |
| Matthew W. Dunlap | Chief Business Development Officer, President of Nelnet Financial Services and Director |
| Michael Sullivan Dunlap | Executive Chairman of the Board |
| Phil Morgan | Investor Relations Contact |
| William J. Munn | Corporate Secretary, Chief Governance Officer and General Counsel |
| Jackie Strohbehn | President of Nelnet Campus Commerce |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Apr 4, 2024 | ARS | Filing |
| Apr 4, 2024 | DEFA14A | Additional definitive proxy soliciting materials and Rule 14(a)(12) material |
| Apr 4, 2024 | DEF 14A | Other definitive proxy statements |
| Feb 27, 2024 | 10-K | Annual Report |
| Feb 27, 2024 | 8-K | Current Report |
| Feb 13, 2024 | ABS-15G | Filing |
| Feb 13, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Feb 13, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Feb 13, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Feb 13, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |