NELNET INC

Nelnet operates across loan servicing, education technology, payment processing, and banking through four main business segments. The Loan Servicing and Systems segment provides student loan servicing infrastructure, including loan conversion, payment processing, borrower management, and business process outsourcing services such as contact center operations. It also develops and licenses loan servicing software to financial institutions.

The Education Technology Services and Payments segment serves K-12 schools and educational institutions with school information systems, tuition payment plans, campus payment processing solutions, learning management systems, and donation platforms. The Asset Generation and Management segment acquires and manages loan portfolios. Nelnet Bank operates as an internet-based industrial bank offering deposit products, investment advisory services, and ancillary ventures in solar engineering and real estate investment.

The company was incorporated in Nebraska in 1977 and maintains its headquarters in Lincoln. Nelnet operates globally across loan servicing and education technology markets, with particular exposure to the U.S. education sector through its school software and payment processing services. The diversified business model spans financial services infrastructure, education technology, and banking operations.