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Nelnet Executives to Participate in Morgan Stanley Small Cap Executive Conference
Jun 1, 2006
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LINCOLN, Neb., June 1, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Nelnet, Inc. (NYSE: NNI) today announced that David Bottegal, Chief Executive Officer of Nelnet's Education Services division, and Matt Hall, Chief Operating Officer of Nelnet's Education Services division, will participate in the Morgan Stanley Small Cap Executive Confe...
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New Student Loan Interest Rates Announced Today; Increase of Almost 40 Percent on July 1
May 30, 2006
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LINCOLN, Neb., May 30, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Student loan interest rates will rise almost 40 percent when they are reset on July 1, 2006, according to the results of today's United States 91-day Treasury Bill (T-bill) auction. The U.S. Department of Education will officially announce this change in the near future....
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Nelnet Appoints Cornell, Vernon to Lead Department of Consumer Solutions
May 26, 2006
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LINCOLN, Neb., May 26, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Today, Nelnet (NYSE: NNI) announced Craig Cornell and Marc Vernon have joined the Consumer Solutions department of Nelnet's Education Services division. Cornell will serve as Director of Consumer Solutions, focusing on the development, implementation, and general supervi...
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Nelnet Announces Stock Repurchase Program
May 25, 2006
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LINCOLN, Neb., May 25, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Nelnet (NYSE: NNI), a leading education finance and education services company, announced today that its Board of Directors has approved a stock repurchase program under which Nelnet may buy back up to a total of 5,000,000 shares of its Class A Common Stock, which consti...
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Hummingbird to Resell 5280 Solutions' Uconnect(R) Application Integration Framework With Hummingbird Enterprise(TM)
May 24, 2006
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DENVER, May 24, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- 5280 Solutions, a premier software development, consulting, and systems integration company, announced today that it has entered into an agreement with Hummingbird Ltd. (Nasdaq: HUMC, Toronto: HUM) whereby Hummingbird will resell the Uconnect(R) application integration framewor...
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Nelnet to Hold Annual Meeting of Shareholders on May 25
May 23, 2006
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LINCOLN, Neb., May 23, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Nelnet, Inc. (NYSE: NNI) will hold its annual meeting of shareholders at 9:30 a.m. (Eastern) on Thursday, May 25, 2006, at the Embassy Suites Hotel in Lincoln, Neb. The meeting will be available live via Web cast and conference call.
The Web cast can be accessed at w...
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Nelnet Supports National Scholarship Month; Awards More Than $1 Million in Scholarships to Students Nationwide
May 19, 2006
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LINCOLN, Neb., May 19, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- In conjunction with National Scholarship Month, Nelnet announced scholarship awards totaling more than $200,000 for national and state sweepstakes, Junior Achievement, and the National College Access Network. These scholarships are part of more than $1 million funded ann...
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Nelnet Closes $2.0 Billion Student Loan Asset-Backed Securities (ABS) Offering
May 18, 2006
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LINCOLN, Neb., May 18, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Nelnet (NYSE: NNI) announced today it closed a new term student loan ABS offering; the company's largest to date. 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...
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Ten Junior Achievement Students Win Money for College During National Scholarship Month
May 18, 2006
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COLORADO SPRINGS, Colo., May 18, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Ten JA Worldwide(TM) (Junior Achievement) students are one step closer to paying for their college education, thanks to a $1,000 scholarship from student loan provider Nelnet, Inc. (National Education Loan Network). Nelnet awarded 10 national scholarships to qu...
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Nelnet Offers Free Advice Around the Clock to Student Loan Borrowers Considering Federal Student Loan Consolidation Before July 1 Interest Rate Hike
May 12, 2006
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LINCOLN, Neb., May 12, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Nelnet, a leading education finance company, is urging students to consider federal student loan consolidation before student loan interest rates increase as much as 40 percent on July 1. Federal student loan consolidation allows in-school borrowers and new graduates the...
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Nelnet Names McCurley Managing Director of Capital Markets
May 11, 2006
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LINCOLN, Neb., May 11, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Nelnet (NYSE: NNI) recently announced that Thomas "Greer" McCurley has joined the company as Managing Director of Capital Markets. In his new position reporting to President of Nelnet, Inc. Jeff Noordhoek, McCurley will focus on all aspects of raising capital fo...
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America's Student Loan Providers offer help for graduates repaying loans
Apr 28, 2006
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This May over 1.5 million students nationwide will become "college graduates." About 40
percent of them will also begin receiving bills for the repayment of their student loans.
However, the prospect of repayment doesn't need to be as daunting as some may anticipate.
Thanks to comprehensive efforts to establish financial literacy pro...
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Nelnet Reports Net Student Loan Assets up $1.1 Billion From Year End
Apr 28, 2006
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LINCOLN, Neb., April 28, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Nelnet, Inc. (NYSE: NNI) today reported GAAP net income for the first quarter of 2006 of $52.1 million, or $0.96 per share, compared with $68.1 million, or $1.27 per share, for the first quarter of 2005. Base net income for the first quarter of 2006 was $30.9 million, ...
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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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