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Nelnet Executives to Participate at JPMorgan Investor Conference
Feb 28, 2005
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LINCOLN, Neb., Feb 28, 2005 /PRNewswire-FirstCall via COMTEX/ -- Nelnet, Inc. (NYSE: NNI) today announced that Terry Heimes, Nelnet Chief Financial Officer, and Cheryl Watson, Nelnet Chief Communications Officer, will participate in the JPMorgan Small Cap Conference being held at the Ritz-Carlton Chicago on March 10, 2005. Their remarks are schedu...
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Nelnet Closes Student Loan Asset-Backed Securities (ABS) Offering
Feb 17, 2005
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LINCOLN, Neb., Feb 17, 2005 /PRNewswire-FirstCall via COMTEX/ -- Nelnet (NYSE: NNI) today announced it priced a new term student loan ABS offering on February 16, 2005.
A total of $1,267,000,000 of Floating Rate Notes were offered to institutional investors.
The Notes were issued with spreads to the 3-month LIBOR index. The transaction be...
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ASLP Statement on Post and S 371
Feb 17, 2005
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Washington, D.C: February 17, 2005 - America's Student Loan Providers issued the following statement on a Washington Post editorial published today concerning the Federal Family Education Loan Program (FFELP) and the introduction by Sen. Kennedy (D-MA) of S. 371, the College Quality, Affordability, and Diversity Improvement Act of 2005 (the Quad...
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Nelnet Hires Pierre L. Alric in New York
Feb 9, 2005
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LINCOLN, Neb., Feb 09, 2005 /PRNewswire-FirstCall via COMTEX/ -- Nelnet (NYSE: NNI), a leading education finance company, announced today the addition of Pierre L. Alric as a Director in the Office of Chairman. In this capacity, Alric will be responsible for expanding Nelnet's professional relationships with college and university leaders in New ...
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Nelnet supports ASLP statement on President's budget proposal
Feb 8, 2005
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Washington, D.C: February 8, 2005 - America's Student Loan Providers issued the following statement on the President's budget:
The President's FY 2006 budget contains good news for the American taxpayer. According to the budget, the Federal Family Education Loan Program (FFELP), which provides more than 75% of all student loans...
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Nelnet Reports Student Loan Assets Up Approximately 29% Year Over Year; Strong Fourth-Quarter Earnings
Jan 28, 2005
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LINCOLN, Neb., Jan 28, 2005 /PRNewswire-FirstCall via COMTEX/ -- Nelnet, Inc. (NYSE: NNI) today reported 2004 base net income of $161.8 million, or $3.02 per share, compared with $27.8 million, or $0.61 per share, in 2003. GAAP net income for 2004 was $149.2 million, or $2.78 per share, compared to $27.1 million, or $0.60 per share, in the prior ...
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Nelnet, Inc. supplemental financial information for the fourth quarter 2004
Jan 28, 2005
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The following supplemental information should be read in connection with the fourth-quarter 2004 earnings press release of Nelnet, Inc. (the "Company"), dated January 28, 2005.
Statements in this supplemental financial information release, which refer to expectations as to future developments, are forward-looking statements within the...
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Nelnet Executive to Participate in Morgan Stanley's Under the Hood: Consumer Banking and Credit Conference
Jan 20, 2005
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LINCOLN, Neb., Jan 20, 2005 /PRNewswire-FirstCall via COMTEX/ -- Nelnet, Inc. (NYSE: NNI) today announced that Terry Heimes, Nelnet Chief Financial Officer, will participate in a panel discussion on student lending as a part of the Morgan Stanley's Under the Hood: Consumer Banking and Credit Conference on February 3, 2005. This student lending fo...
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Nelnet Executives to Participate at Brean Murray Institutional Investor Conference
Jan 19, 2005
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LINCOLN, Neb., Jan 19, 2005 /PRNewswire-FirstCall via COMTEX/ -- Nelnet, Inc. (NYSE: NNI) today announced that Cheryl Watson, Nelnet Chief Communications Officer, and Jim Kruger, Nelnet Controller, will participate in the 2005 Brean Murray Institutional Investor Conference to be held at The New York Palace Hotel in New York City on February 1, 200...
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Nelnet Executives to Participate at Smith Barney Citigroup Financial Services Conference
Jan 18, 2005
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LINCOLN, Neb., Jan 18, 2005 /PRNewswire-FirstCall via COMTEX/ -- Nelnet, Inc. (NYSE: NNI) today announced that Jeffrey R. Noordhoek, Nelnet Executive Director for Capital Markets, and Jim Kruger, Nelnet Controller, will participate in the 2005 Smith Barney Citigroup Financial Services Conference to be held at The Plaza Hotel in New York City on Ja...
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Financial Aid Director credits Western Illinois University Financial Aid Office for Nelnet Full Circle Award
Jan 14, 2005
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(Lincoln, Neb.) - Nelnet announced recently that Bill Bushaw, Financial Aid Director for Western Illinois University (WIU), is the latest recipient of the Nelnet Full Circle Award. The award is a recognition designed to highlight the professional excellence of Financial Aid Officers.
When asked how his approach to financial aid may...
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Nelnet, Inc. to Announce 2004 Fourth-Quarter and Year-End Results
Jan 12, 2005
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LINCOLN, Neb., Jan 12, 2005 /PRNewswire-FirstCall via COMTEX/ -- Nelnet, Inc. (NYSE: NNI) announced today that it will issue an earnings release for the fourth-quarter and fiscal year ending December 31, 2004 prior to the market open on January 28, 2005. Nelnet will host a conference call to discuss the results at 11:00 a.m. (Eastern) on the same...
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New Nelnet Loan Generation Service Center Will Add Local Presence, Expanded Service to Texas in 2005
Dec 10, 2004
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LINCOLN, Neb., Dec 10, 2004 /PRNewswire-FirstCall via COMTEX/ -- Nelnet (NYSE: NNI) announced today that it plans to open a student loan generation service center in Texas. The new center, which is expected to begin operations in April 2005, will provide a greater level of support and service to schools, lenders, and Nelnet's brand partners in t...
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Nelnet Canada Completes Acquisition of EDULINX Canada Corporation
Dec 6, 2004
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LINCOLN, Neb., Dec 6, 2004 /PRNewswire-FirstCall via COMTEX/ -- Nelnet Canada Inc., a wholly-owned subsidiary of Nelnet (NYSE: NNI), announced today that it has completed its acquisition of EDULINX Canada Corporation from Canadian Imperial Bank of Commerce (CIBC). EDULINX Canada Corporation, based in Mississauga, Ontario, employs approximately 6...
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Nelnet President reappointed to Department of Education Advisory Committee on Student Financial Assistance
Dec 2, 2004
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(Lincoln, Neb.) - Nelnet announced today that Don Bouc, the company's President, was reappointed by the United States Secretary of Education to serve a second term on the Advisory Committee on Student Financial Assistance. Officially his term began on October 1, 2004 and ends September 30, 2007. He is attending the first meeting of his new...
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Expanded Higher Education Opportunities for Hispanic Communities: Nelnet and HACU Announce New Partnership
Nov 22, 2004
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LINCOLN, Neb., Nov 22, 2004 /PRNewswire-FirstCall via COMTEX/ -- Nelnet (National Education Loan Network) and the Hispanic Association of Colleges and Universities (HACU) have announced a new partnership to expand higher education opportunities for Hispanic students and their families.
The new partnership, the HACU Education Loan Program, wil...
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Nelnet Names Cheryl Watson as Chief Communications Officer
Nov 16, 2004
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LINCOLN, Neb., Nov 16, 2004 /PRNewswire-FirstCall via COMTEX/ -- Nelnet (NYSE: NNI) announced the appointment of Cheryl Watson as Chief Communications Officer. Ms. Watson has served as Nelnet's Executive Director in charge of Investor Relations since April 2002 and is based at Nelnet's Indianapolis, Indiana office.
In her new role, Watson wil...
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Nelnet Reports Substantial Growth in Net Income and Student Loan Assets
Nov 5, 2004
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LINCOLN, Neb., Nov 5, 2004 /PRNewswire-FirstCall via COMTEX/ -- Nelnet, Inc. (NYSE: NNI) today announced that base net income for the first nine months of 2004 was $130.1 million, or $2.43 per share, compared with $18.3 million, or $0.41 per share, in the prior year. For the first nine months of 2004, net income was $102.0 million, or $1.90 per ...
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Nelnet, Inc. supplemental financial information for the third quarter 2004
Nov 5, 2004
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The following supplemental information should be read in connection with the third quarter 2004 earnings press release of Nelnet, Inc. (the "Company"), dated November 5, 2004.
Statements in this supplemental financial information release, which refer to expectations as to future developments, are forward-looking statements within the ...
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Nelnet Announces Acquisition of EDULINX Canada Corporation From CIBC
Oct 26, 2004
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LINCOLN, Neb., Oct 26, 2004 /PRNewswire-FirstCall via COMTEX/ -- Nelnet, Inc. (NYSE: NNI) today announced it has entered into an agreement to acquire EDULINX Canada Corporation from CIBC for an undisclosed price. The transaction is expected to close on or about November 30, 2004, subject to normal regulatory approval and closing conditions. EDU...
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