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Nelnet, Inc. (NNI)

-NYSE

22.77 Up 0.17(0.75%) May 25, 4:06PM EDT|After Hours: 22.67 Down 0.10 (0.42%) May 25, 5:56PM EDT

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Nelnet, Inc.
121 South 13th Street
Suite 201
Lincoln, NE 68508
United States - Map
Phone: 402-458-2370
Website: http://www.nelnet.net

Details 
Index Membership:N/A
Sector:Financial
Industry:Credit Services
Full Time Employees:2,400

Business Summary 

Nelnet, Inc., an education services company, focuses on providing fee-based processing services, and education-related products and services in the areas of loan financing, loan servicing, payment processing, and enrollment services. It operates in four segments: Student Loan and Guaranty Servicing, Tuition Payment Processing and Campus Commerce, Enrollment Services, and Asset Generation and Management. The Student Loan and Guaranty Servicing segment provides services that include loan origination activities, loan conversion activities, application processing, borrower updates, payment processing, due diligence procedures, and claim processing for the company’s student loan portfolios and the portfolios of third parties. This segment also offers servicing activities for guarantee agencies, such as software and data center services, borrower and loan updates, default aversion tracking services, claim processing services, and post-default collection services; and provides information technology products and services in the areas of educational loan software solutions, business intelligence, technical consulting services, and enterprise content management solutions. The Tuition Payment Processing and Campus Commerce segment offers products and services to help students and families manage the payment of education costs at various levels; and provides education-focused technologies, services, and support solutions to help schools in the collection and processing of commerce data. The Enrollment Services segment engages in the provision of products and services that are focused on helping colleges recruit and retain students; and publishing services and resource centers. The Asset Generation and Management segment includes the origination, acquisition, management, and ownership of the company’s student loan assets. The company was founded in 1978 and is headquartered in Lincoln, Nebraska.

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Corporate Governance 
Nelnet, Inc.’s Governance Risk Indicator (GRI®) as of May 1, 2012 is: Audit (Low Concern), Board (Low Concern), Compensation (Low Concern), Shareholder Rights (Medium Concern).
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
 PayExercised
Mr. Michael S. Dunlap , 48
Chairman, Chief Exec. Officer and Chairman of Exec. Committee
1.01M0.00
Mr. Jeffrey R. Noordhoek , 46
Pres
983.00K0.00
Mr. Terry J. Heimes , 47
Chief Financial Officer and Principal Accounting Officer
967.00K0.00
Mr. William J. Munn , 44
Chief Governance Officer, Gen. Counsel, Chief Legal Officer and Corp. Sec.
383.00K0.00
Mr. Timothy A. Tewes , 53
Chief Exec. Officer of Nelnet Bus. Solutions and Pres of Nelnet Bus. Solutions Inc
478.00K0.00
Amounts are as of Dec 30, 2011 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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