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    Nelnet, Inc. (NNI)

    37.52 Down 0.05(0.13%) 4:02PM EDT
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    Nelnet, Inc.
    121 South 13th Street
    Lincoln, NE 68508
    United States - Map
    Phone: 402-458-2370
    Website: http://www.nelnet.net

    Index Membership:N/A
    Industry:Credit Services
    Full Time Employees:3,100

    Business Summary 

    Nelnet, Inc. provides educational services in loan servicing, payment processing, education planning, and asset management in the United States. It also offers education-related products and services. The company operates in three segments: Student Loan and Guaranty Servicing, Tuition Payment Processing and Campus Commerce, and Asset Generation and Management. The Student Loan and Guaranty Servicing segment is involved in loan servicing activities, such as loan conversion activities, application processing, borrower updates, customer service, payment processing, due diligence procedures, funds management reconciliations, and claim processing for the company’s student loan portfolio and the portfolios of third parties. This segment also provides software and data center, borrower and loan updates, default aversion tracking, claim processing, and post-default collection services for guarantee agencies; and student loan servicing software. The Tuition Payment Processing and Campus Commerce segment offers products and services to help students and families to manage the payment of education costs at various levels; and education-focused technologies, services, and support solutions to schools for collecting and processing commerce data. The Asset Generation and Management segment engages in the acquisition, management, and ownership of the company’s student loan assets. Its customers include students and families; colleges and universities, primarily financial aid, business, and admissions offices; private, faith-based, and other K-12 schools; lenders and state agencies in education finance; and government entities. The company was founded in 1978 and is headquartered in Lincoln, Nebraska.

    Key Statistics

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    Corporate Governance 
    Nelnet, Inc.’s ISS Governance QuickScore as of Aug 1, 2015 is 4. The pillar scores are Audit: 1; Board: 9; Shareholder Rights: 4; Compensation: 1.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
    Mr. Jeffrey R. Noordhoek , 49
    Chief Exec. Officer
    Mr. Timothy A. Tewes , 56
    Mr. James D. Kruger , 52
    Chief Financial Officer
    Mr. Terry J. Heimes , 50
    Chief Operating Officer
    Mr. William J. Munn , 47
    Chief Governance Officer, Gen. Counsel and Corp. Sec.
    Amounts are as of Dec 31, 2014 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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