Founded in 1996, Nelnet, Inc. is a publicly traded (NYSE: NNI) and diversified company with a primary focus on the education sector. The company's core business for many years has been servicing federal and private student loans for millions of borrowers across the United States. Over time, Nelnet has expanded its portfolio to include tuition payment processing for schools and universities through its Nelnet Campus Commerce division, K-12 school administration software, asset management services, and venture capital investments. The company also operates Nelnet Bank, an online bank offering student loan refinancing and other financial products, and has diversified into unrelated industries such as fiber optic communication through its subsidiary Allo Communications.

Founded in

United States