Nelnet Inc. provides educational services in loan servicing, payment processing, education planning, and asset management in the United States. The company was founded in 1978 and is based in Lincoln, Nebraska.
In case you missed it, the U.S. Department of Education is making huge changes to the federal student loan servicing system next year. It’s part of Secretary Betsy DeVos’s Next Gen Federal Student Aid initiative, which aims to improve the borrowing and repayment experience. The system will become a single, centralized platform as early as December 2020 — when contracts end for current servicers like Nelnet and Great Lakes. To replace the old servicers, five new companies will shoulder most […] The post Goodbye, Nelnet — Everything You Need to Know About the Federal Student Loan Overhaul appeared first on The Simple Dollar .
Nelnet Renewable Energy, a Nelnet company specializing in community solar subscriber acquisition and management services, today announced that they will manage services for five new community solar projects planned or under construction that will provide a total of 20 MW of local, clean energy – and energy cost savings – to customers in Saratoga, Schenectady, Oneida, Jefferson and surrounding counties.
Nelnet Campus Commerce, a division of Nelnet, Inc. (NYSE: NNI) a leader in secure payment technology in higher education, today announced the appointment of Jackie Strohbehn as president, effective August 1, 2020. Strohbehn most recently served as regional sales director of the west region for Nelnet Campus Commerce.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Nelnet, Inc. New York, July 23, 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Nelnet, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.