Nelnet, Inc. (the �Company�) is an education services company focused primarily
on providing fee-based processing services and quality education-related
products and services in four core areas: asset management and finance, loan
servicing, payment processing, and enrollment services (education planning).
These products and services help students and families plan, prepare, and pay
for their education and make the administrative and financial processes more
efficient for schools and financial organizations. In addition, the Company
earns interest income on a portfolio of federally insured student loans.
Substantially all revenue from external customers is earned, and all long-lived
assets are located, in the United States.
The Company was formed as a Nebraska corporation in 1978 to service federal
student loans for two local banks.