Nelnet Inc - Company Profile
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Business Description
Nelnet Inc (Nelnet) offers a range of diversified solutions related to education, student loan asset management, and telecommunication solutions, among others to educational institutions; students and parents; lenders; business and household subscribers; and non-profit, commercial, and government clients. It also carries out angel and real estate investments through its innovation Hub team in the Midwest US. As of December 31, 2024, it had assets of US$13,777.8 million.
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Business Segments
- Asset Generation and Management
- Corporate and Other Activities
- Education Technology, Services, and Payments
- Loan Servicing and Systems
- Nelnet Bank
- NFS Other Operating Segment
Overview
Focuses on comprehensive asset management, including strategic asset investing, asset allocation, risk management, and performance monitoring within a diverse portfolio.
Performance
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Overview
Consists of corporate activities and overhead functions related to executive management, human resources, internal management, legal, accounting, information technology, enterprise risk management, and marketing. Also includes ALLO Communications LLC (ALLO) operations.
Performance
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Overview
Provides education and payment technology services for K-12 schools, higher education institutions, churches, and businesses in the U.S. and internationally. Key brands include FACTS, Nelnet Campus Commerce, Nelnet Payment Services, and Nelnet International.
Performance
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Overview
Also known as Nelnet Diversified Services (NDS), focuses on student and consumer loan servicing, loan servicing-related technology solutions, and outsourcing business services.
Performance
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Overview
Operates as an internet industrial bank franchise, serving the private education and unsecured consumer loan markets. It offers refinance private education loans and in-school private education loans to students, as well as unsecured consumer loans for home improvement and debt consolidation.
Performance
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Overview
Comprises business activities of Whitetail Rock Capital Management, LLC (WRCM), a Nelnet’s insurance and investment businesses.
Performance
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