Nelnet | NNI

Nelnet Profile

  • Sector: Finance
  • Industry: Finance/Rental/Leasing
  • Employees: N/A

Nelnet, Inc. engages in the provision of education-related products and services, as well as loan asset management. It operates through the following segments: Loan Servicing and Systems (LSS), Education Technology, Services, and Payment Processing (ETS&PP), Asset Generation and Management (AGM), Nelnet Bank, and Communications. The LSS segment focuses on student and consumer loan origination services and servicing, loan origination and servicing-related technology solutions, and outsourcing business services. The ETS&PP segment refers to Nelnet Business Services (NBS). NBS provides education services, payment technology, and community management solutions for K-12 schools, higher education institutions, churches, and businesses in the United States and internationally. The AGM segment includes the acquisition and management of student and other loan assets. Nelnet Bank operates as an Internet Utah-chartered industrial bank focused on the private education and unsecured consumer loan markets. The Communications segment consists of ALLO focused on providing fiber optic service directly to homes and businesses for internet, telephone, and television services. The company was founded by Michael S. Dunlap and Stephen F. Butterfield in December 1977 and is headquartered in Lincoln, NE.

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