Nelnet, Inc. (NYSE: NNI) is a diversified education services company founded in 1978 and headquartered in Lincoln, Nebraska. Originally established as the National Education Loan Network by Michael S. Dunlap, the company has grown into a prominent provider of student loan servicing and education finance solutions in the United States.
At the core of Nelnet’s business is student loan servicing, where it administers and manages federal and private education loans on behalf of borrowers and lending partners. The company handles billing, repayment processing, customer service and default prevention efforts under servicing agreements with the U.S. Department of Education and private financial institutions.
In addition to loan servicing, Nelnet offers a suite of education-related products and services through its Business Services segment. These include tuition payment and school administration software for K–12 and higher education institutions, online payment processing platforms and campus bookstore solutions. The company’s technology platforms are used by schools and districts across multiple states to streamline financial operations and enhance the student experience.
Beyond servicing and software, Nelnet’s Asset Management segment invests in and manages education-related receivables, while the company also explores growth opportunities in renewable energy and community banking. Through its broad portfolio of services, Nelnet aims to support educational access, improve operational efficiency for institutions and offer financial solutions that benefit families, schools and lending partners.
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