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Balance Sheet Cash Flow Statement 121 S. 13th St., Ste. 201 Lincoln, NE 68508 NE Tel. 402-458-2370 Fax 402-458-2399 |
Type: Public
On the web:
http://www.nelnet.net
Employees:
2,200
Employee growth: (21.4%)
Got Ivy League tastes on a community college budget? Nelnet may be able to help. The company, more formally known as National Education Loan Network, serves students, universities, and lenders in all aspects of the student loan process. It originates loans for itself and its partners, a majority of which are originated under the Federal Family Education Loan Program (FFELP). The company manages a $25.1 billion student loan portfolio, making it one of the nation's leaders in total student loan assets managed. Nelnet also serves the K-12 education marketplace, providing long-term payment plans and college preparatory tests and services. The firm is part of financial holding company Farmers & Merchants Investment.
Key numbers for fiscal year ending December, 2008:
Sales: $510.4M
One year growth: (17.8%)
Net income: $28.7M
Income growth: (12.8%)
Officers:
Chairman and Co-CEO: Michael S. (Mike) Dunlap
President: Jeffrey R. (Jeff) Noordhoek
Executive Director and CFO: Terry J. Heimes
Competitors:
Great Lakes Higher Education
Pennsylvania Higher Education Assistance Agency
Sallie Mae
