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Nelnet, Inc. supplemental financial information for the first quarter 2006
Apr 28, 2006
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Nelnet Bolsters Education Services Division With Addition of Stotler
Apr 26, 2006
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LINCOLN, Neb., April 26, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Today, Nelnet (NYSE: NNI) announced Kristin Stotler has joined its Education Services division as Vice President of Marketing, reporting to David Bottegal, Chief Executive Officer of the division.
Stotler will oversee development and implementation of strategic mar...
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Nelnet Supports Financial Literacy Day on Capitol Hill
Apr 24, 2006
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WASHINGTON, April 24, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Nelnet, a leading education finance company, is pleased to support the 2006 Financial Literacy Day on Capitol Hill. This event will be held on April 25, in the Hart Senate Office Building, room SH #902, starting at 1 p.m.
Students from all over the nation are struggli...
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Time Is Running Out: Save Thousands With Federal Student Loan Consolidation Before July 1
Apr 19, 2006
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LINCOLN, Neb., April 19, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Student loan interest rates are projected to increase almost 40 percent on July 1, leaving many borrowers one last chance to consolidate their federal student loans at this year's low interest rates. Federal student loan consolidation with Nelnet allows students and fa...
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Nelnet Receives Request Related to On-going Audit
Apr 17, 2006
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LINCOLN, Neb., April 17, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Today, Nelnet, Inc. (NYSE: NNI), received a request as a part of on-going field work related to the audit by the Office of Inspector General of the Department of Education (OIG) of Nelnet's portfolio of student loans receiving 9.5% special allowance payments. Nelnet ha...
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Nelnet to Announce 2006 First-Quarter Results
Apr 13, 2006
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LINCOLN, Neb., April 13, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Nelnet, Inc. (NYSE: NNI) announced today that it will issue an earnings release for the first quarter ending March 31, 2006 prior to the market open on April 28, 2006. Nelnet will host a conference call to discuss the results at 11:00 a.m. (Eastern) on the same day.
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Nelnet awards five Academic All-Star Citizenship scholarships
Apr 12, 2006
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Indianapolis, Ind., April 12, 2006 – Today, Nelnet presented Academic All-Star Citizenship scholarships to five deserving Indiana students for $1,000 each. As a leading education services company and this year's presenting sponsor, Nelnet is honored to join The Indianapolis Star in recognizing outstanding students and granting scholarship...
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Nelnet Adds Heesacker to Guarantee Services Management Team
Apr 5, 2006
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LINCOLN, Neb., April 5, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Today, Nelnet (NYSE: NNI) announced longtime guarantee services executive Randy Heesacker will join the management team of Nelnet Guarantee Services (NGS), a component of the company's Education Services division.
Heesacker will serve as Managing Director of NGS Bus...
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Nelnet sponsors HACU's 11th annual National Capitol Forum on Hispanic Higher Education, March 26-28
Mar 20, 2006
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Lincoln, Neb., March 20, 2006 – Nelnet, Inc. (NYSE: NNI) is pleased to sponsor the Hispanic Association of Colleges and Universities' (HACU) 11th annual National Capitol Forum on Hispanic Higher Education. "Strategies for Hispanic Higher Education Success: HACU's 20 Years of Advocacy" is the subject of the conference that will take place ...
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Nelnet Honored by United Way of Central Indiana for Breakthrough Growth in 2005 Campaign
Mar 20, 2006
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LINCOLN, Neb., March 20, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Nelnet, Inc. (NYSE: NNI) was honored by the United Way of Central Indiana (UWCI) as one of the top three 2005 Breakthrough companies for achieving breakthrough growth for three consecutive years. In 2005, Nelnet had an 81-percent increase in its average gift, and an 89...
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Nelnet Offers Tips on How Students Can Maximize Their Education Tax Benefits
Mar 13, 2006
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LINCOLN, Neb., March 13, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Last fall the Government Accountability Office (GAO) issued a report entitled "Student Aid and Postsecondary Tax Preferences." The report concluded that the mix of tax deductions and tax credits, all with varying income phase-outs and qualifications, left most families...
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Nelnet Completes Acquisitions of FACTS and infiNET
Mar 3, 2006
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LINCOLN, Neb., March 3, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Nelnet, Inc. (NYSE: NNI) announced today it has completed its acquisitions of the remaining twenty percent ownership of FACTS Management Company of Lincoln, Nebraska and the remaining fifty percent ownership of infiNET Integrated Solutions, Inc. of Chicago, Illinois. Th...
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Nelnet Teams With ABC's Extreme Makeover: Home Edition to Deliver a Special Gift to a Motherly-Icon in Florida
Mar 2, 2006
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LINCOLN, Neb., March 2, 2006 /PRNewswire via COMTEX News Network/ -- As one compassionate Fort Lauderdale resident was helping raise less fortunate children from her modest home, providing meals, housing, and counseling, a hurricane by the name of "Wilma" disrupted the community, but not the heart of Essie Reed, known to everyone as "Big Mama."
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Nelnet to Host Investor Day on March 14
Mar 1, 2006
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LINCOLN, Neb., March 1, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Nelnet (NYSE: NNI) announced today it will host an Investor Day on Tuesday, March 14, 2006 from 12:00 p.m. to approximately 3:30 p.m. (Eastern). The conference for investors and analysts will be held at the New York Stock Exchange (NYSE) and will include presentations f...
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Nelnet Closes $2 Billion Student Loan Asset-Backed Securities (ABS) Offering
Feb 21, 2006
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LINCOLN, Neb., Feb 21, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Nelnet (NYSE: NNI) announced today it closed a new term student loan ABS offering. A total of $2.0 billion of Floating Rate Notes were offered to institutional investors.
All the Notes were issued with spreads to the 3-month LIBOR index, except the Class A-6 Notes, w...
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Nelnet to Acquire FACTS and infiNET; Company Forms Business Solutions Unit
Feb 20, 2006
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LINCOLN, Neb., Feb 20, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Nelnet, Inc. (NYSE: NNI) announced it has entered into agreements to acquire the remaining twenty percent ownership of FACTS Management Company of Lincoln, Nebraska and the remaining fifty percent ownership of infiNET Integrated Solutions, Inc. of Chicago, Illinois. The ...
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Nelnet Eagerly Announces New Academic PLUS Loan Program to Help Students and Families Afford College, After Passage of New Legislation
Feb 8, 2006
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LINCOLN, Neb., Feb 08, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Nelnet (NYSE: NNI) today announced a new Nelnet Academic PLUS loan program to aid graduate and professional students in paying for college. The new Nelnet Academic PLUS loan offers borrowers the same benefits as the traditional PLUS loan for parents, and allows graduate ...
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Nelnet Reports Net Student Loan Assets Up 51 Percent to More Than $20 Billion in 2005
Jan 31, 2006
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LINCOLN, Neb., Jan 31, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Nelnet, Inc. (NYSE: NNI) today reported GAAP net income for 2005 of $181.1 million, or $3.37 per share, compared with $149.2 million, or $2.78 per share, for 2004. GAAP net income for the fourth quarter of 2005 totaled $42.7 million, or $0.79 per share, compared with $47...
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Nelnet, Inc. supplemental financial information for the fourth quarter 2005
Jan 31, 2006
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Nelnet Executives to Participate in Citigroup Financial Services Conference
Jan 17, 2006
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LINCOLN, Neb., Jan 17, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Nelnet, Inc. (NYSE: NNI) today announced that Jeff Noordhoek, President, and Terry Heimes, Chief Financial Officer, will participate in the Citigroup Financial Services Conference, to be held at The Waldorf Astoria, New York City on February 1, 2006. The presentation is ...
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