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Nelnet, Inc.
121 South 13th Street
Suite 201
Phone: (402) 458-2370Lincoln, NE  68508  United StatesTicker: NNI

Business Summary
Nelnet, Inc. is a transaction processing and finance company focused primarily on providing education related products and services to students, families, schools and financial institutions nationwide. The Company earns its revenues from fee-based processing businesses, including its loan servicing, payment processing, and lead generation businesses, and the net interest income on its student loan portfolio. The Company offers a range of pre-college, in-college, and post-college products and services that help students and families plan and pay for their education and plan their careers. The Company’s products and services are designed to simplify the education planning and financing process and provide value to customers throughout the education life cycle. It operates in five operating segments: Student Loan and Guaranty Servicing, Tuition Payment Processing and Campus Commerce, Enrollment Services, Software and Technical Services and Asset Generation and Management.
(Source: 10-K)
 
Financial Information
Financial Ratings:Moody's Rating  S&P Rating  FRISK Score
Latest Financial Statements
and Analyses:
6/30/2010    Annual Financials    Quarterly Financials    
Current Fiscal Period:2Q 2010
Fiscal Year End:December
Last Audit:12/31/2009
Auditors:KPMG LLP
Audit Opinion:Unqualified
SEC Filings:Management Discussion & Analysis    Full Filings    
 
News Stories
Date
Headline
8/17/2010Nelnet, Inc. -- updated S&P ratings available
8/13/2010NELNET INC FILES (8-K) Disclosing Other Events, Financial Statements and Exhibits
8/13/2010Nelnet Announces Agreement in Principle Regarding Lawsuit
88 additional News Stories available in full report.
 
Industries
Type
Code
Description
SectorFINANCFinancial
IndustryFSCONSConsumer Financial Services
SIC6141Personal Credit Institutions
7372Prepackaged Software
8299Schools And Educational Services, Not Elsewhere Classified
7379Computer Related Services, Not Elsewhere Classified
6162Mortgage Bankers And Loan Correspondents
6719Offices Of Holding Companies, Not Elsewhere Classified
NAICS522291Consumer Lending
51121Software Publishers
61171Educational Support Services
541519Other Computer Related Services
52239Other Activities Related to Credit Intermediation
551112Offices of Other Holding Companies
 
Management

Title

Name

Age
Title
Date
Start
Date
Chairman of the Board, Chief Executive OfficerMichael S. Dunlap468/1/20031/1/1996
PresidentJeffrey R. Noordhoek441/9/20061/1/1996
Vice Chairman of the BoardStephen F. Butterfield575/24/20071/1/1996
9 additional Management records available in full report.
 
Business Names
Business Name
5280 Solutions, LLC
BST Holdings, Inc
Charter Account Systems, Inc.
74 additional Business Names available in full report.
 
General Information
Number of Employees:2,000 (As of 12/31/2009)
Outstanding Shares:49,501,271 (As of 7/31/2010)
Shareholders:786 (As of 12/31/2009)
Stock Exchange:NYSE
Federal Tax Id:840748903
Fax Number:(402) 458-2344
 

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