Nelnet Inc

Type: Company
Name: Nelnet Inc
Nationality: United States
Web Address: http://www.nelnet.com/
Fact Sheet: Fact Sheet for Nelnet Inc
First reported Aug 22 2014 - Updated Aug 22 2014 - 1 reports

White House Student Loan Email Blast? Check Your Spam Folder

NEW YORK ( MainStreet ) The White House is in the process of sending out email blasts to people with student loans to serve as reminders to pay.The Consumer Financial Protection Bureau found that 7 million borrowers were in default on their student loans ... [Published Phoenixville Phoenix - Aug 22 2014]
First reported Aug 13 2014 - Updated Aug 13 2014 - 1 reports

Insider Selling: Nelnet CFO Sells 10,000 Shares of Stock (NNI)

Nelnet (NYSE:NNI) CFO James D. Kruger sold 10,000 shares of Nelnet stock in a transaction dated Monday, August 11th. The stock was sold at an average price of $45.00, for a total transaction of $450,000.00. Following the completion of the sale, the chief ... [Published American Banking News - Aug 13 2014]
First reported Aug 12 2014 - Updated Aug 12 2014 - 1 reports

Nelnet Posts 2Q 2014 Results

Nelnet reported GAAP net income of $75.0 million, or $1.61 per share, for the second quarter of 2014, compared with GAAP net income of $101.2 million, or $2.17 per share, for the same period a year ago. In its release on August 7, the company noted that ... [Published Individual.com - Aug 12 2014]
First reported Aug 10 2014 - Updated Aug 10 2014 - 1 reports

Nelnet is Among the Companies in the Consumer Finance Industry With the Lowest EBITDA Growth (NNI, COF, DFS, AXP, CSH)

(Comtex SmarTrend(R)) Below are the three companies in the Consumer Finance industry with the lowest EBITDA Growth (next year estimate vs. LTM). EBITDA Growth can be valuable in predicting future cash flow generation and earnings power. Nelnet ranks ... [Published Individual.com - Aug 10 2014]
First reported Aug 07 2014 - Updated Aug 08 2014 - 6 reports

Nelnet settles lawsuit for $1.2 million

Nelnet has agreed to pay $1.2 million to settle a class-action lawsuit over the alleged illegal recording of collections calls.The suit was filed in U.S District Court for Northern California and alleged that Nelnet Servicing LLC called lead plaintiff ... [Published Lincoln Journal Star - Aug 08 2014]
First reported Aug 08 2014 - Updated Aug 08 2014 - 1 reports

Nelnet Inc. Announces Quarterly Dividend of $0.10 (NNI)

Nelnet (NYSE:NNI) announced a quarterly dividend on Thursday, August 7th, reports. Investors of record on Monday, September 1st will be paid a dividend of 0.10 per share on Monday, September 15th. This represents a $0.40 annualized dividend and a dividend ... [Published American Banking News - Aug 08 2014]
First reported Aug 07 2014 - Updated Aug 07 2014 - 1 reports

Nelnet Reports Second Quarter 2014 Results

LINCOLN, Neb., Aug. 7, 2014 /PRNewswire/ -- Nelnet (NYSE: NNI) today reported GAAP net income of $75.0 million, or $1.61 per share, for the second quarter of 2014, compared with GAAP net income of $101.2 million, or $2.17 per share, for the same period ... [Published PR Newswire: Policy & Public Interest - Aug 07 2014]
First reported Aug 06 2014 - Updated Aug 06 2014 - 1 reports

Nelnet (NNI) to Release Quarterly Earnings on Thursday

Nelnet (NYSE:NNI) will be issuing its Q214 quarterly earnings data on Thursday, August 7th. Analysts expect the company to announce earnings of $1.44 per share and revenue of $230.60 million for the quarter.Nelnet (NYSE:NNI) opened at 41.00 on Wednesday. ... [Published American Banking News - Aug 06 2014]
First reported Aug 05 2014 - Updated Aug 05 2014 - 1 reports

Fitch Affirms Nelnet 2008-1's Notes

NEW YORK--(BUSINESS WIRE)--Fitch Ratings affirms the senior and subordinate notes issued by Nelnet Student Loan Trust Series 2008-1 at 'AAAsf' and 'Asf', respectively. The Outlook for both classes remains Stable. KEY RATING DRIVERS High Collateral Quality: ... [Published Business Wire Professional Services News - Aug 05 2014]
First reported Aug 04 2014 - Updated Aug 04 2014 - 2 reports

Smart Degree Empowers Adults to Successfully Complete College and Pursue Career Goals While Limiting Cost Burdens

New Program Includes Student Marketplace, Where Schools Will Compete for Student Enrollment with Financial and Other IncentivesLINCOLN, Neb. (PRWEB) August 04, 2014Nelnet Enrollment Services and BU Ventures, Inc., a wholly owned, for-profit subsidiary ... [Published Benzinga.com - Aug 04 2014]
First reported Jul 31 2014 - Updated Jul 31 2014 - 4 reports

Fitch Rates Nelnet Student Loan Trust 2014-6

NEW YORK--(BUSINESS WIRE)--Fitch Ratings assigns ratings to Nelnet Student Loan Trust (NSLT) 2014-6 student loan asset-backed notes as follows: --$565,000,000 class A notes 'AAAsf'; Outlook Stable; --$8,300,000 class B notes 'A+sf'; Outlook Stable. KEY ... [Published Business Wire Professional Services News - Jul 31 2014]
First reported Jul 29 2014 - Updated Jul 29 2014 - 1 reports

Nelnet Prices $573M FFELP ABS

Nelnet priced $573 million of student loan securities backed by 100% Federal Family Education Loan Program collateral. ... [Published Asset Securitization Report Online - Jul 29 2014]

Quotes

...Concerning the White House email project, she said, "It's a pilot, so maybe ED wanted to do it on their own." An ED spokesperson could not be reached for comment
"They can be kind of in their own world sometimes," she said with a laugh.  "It's an abundant learning environment."
...during our second quarter, the positive benefits of which will have a significant impact for years to come," said Jeff Noordhoek, Nelnet CEO. "In addition to delivering strong earnings, our largest contract was extended by the Department of Education, we purchased nearly $5 billion of student loans, and we completed the strategic acquisition of RenWeb. Going forward, we will continue to provide a great customer experience and to effectively deploy capital in existing and new businesses."
In an email, Ben Kiser, a Nelnet spokesman, said, "Income-driven repayment plans might be great for some borrowers and not good for others. We want to help our customers get into the right payment option for their unique situation."

More Content

All (116) | News (65) | Reports (0) | Blogs (47) | Audio/Video (0) | Fact Sheets (2) | Press Releases (2)
sort by: Date | Relevance
Onondaga County bankruptcies: August 20 [Published Syracuse Online - Aug 26 2014]
White House Student Loan Email Blast? Check You... [Published Phoenixville Phoenix - Aug 22 2014]
Financial Literacy Program For Nebraska High Sc... [Published WOWT - Aug 19 2014]
Multimedia financial literacy program engages h... [Published Lincoln Journal Star - Aug 19 2014]
Chief Compliance Officer [Published Lincoln Journal Star - Aug 16 2014]
Customer Service Classes [Published Lincoln Journal Star - Aug 16 2014]
Fitch Rates Nelnet Student Loan Trust 2014-6 [Published Insurance News Net - Aug 13 2014]
Insider Selling: Nelnet CFO Sells 10,000 Shares... [Published American Banking News - Aug 13 2014]
Nelnet Posts 2Q 2014 Results [Published Individual.com - Aug 12 2014]
Half Of Federal Student Loan Borrowers Not Payi... [Published Huffington Post - Aug 12 2014]
Fitch to Rate South Carolina Student Loan Corp,... [Published Insurance News Net - Aug 11 2014]
Nelnet is Among the Companies in the Consumer F... [Published Individual.com - Aug 10 2014]
Investment Analysts’ Ratings Reiterations for A... [Published Mideast Time - Aug 09 2014]
Nelnet settles lawsuit for $1.2 million [Published Lincoln Journal Star - Aug 08 2014]
Earnings roundup: Fannie Mae, Freddie Mac post ... [Published Omaha World-Herald - Aug 08 2014]
Biggest Movers in Financial Stocks Now – AGO RB... [Published InvestorPlace.com - Aug 08 2014]
Fitch Affirms Nelnet Student Loan Trust Series ... [Published Market Pulse Navigator - Aug 08 2014]
Fitch Affirms Nelnet Student Loan Trust Series ... [Published Business Wire Professional Services News - Aug 08 2014]
Nelnet Inc. Announces Quarterly Dividend of $0.... [Published American Banking News - Aug 08 2014]
Nelnet's net income falls in second quarter [Published Omaha World-Herald - Aug 07 2014]
Nelnet earnings better than forecast [Published Lincoln Journal Star - Aug 07 2014]
Nelnet Reports Second Quarter 2014 Results [Published Individual.com - Aug 07 2014]
Nelnet Reports Second Quarter 2014 Results [Published PR Newswire: Policy & Public Interest - Aug 07 2014]
Nelnet (NNI) to Release Quarterly Earnings on T... [Published American Banking News - Aug 06 2014]
Fitch Affirms Nelnet 2008-1's Notes [Published Business Wire Professional Services News - Aug 05 2014]
Onondaga County bankruptcies: July 31 [Published Syracuse Online - Aug 05 2014]
Nelnet has the Highest Debt to EBITDA Ratio in ... [Published Individual.com - Aug 05 2014]
Smart Degree Empowers Adults to Successfully Co... [Published Benzinga.com - Aug 04 2014]
Smart Degree Empowers Adults to Successfully Co... [Published PRWeb - Aug 04 2014]
Fitch Rates Nelnet Student Loan Trust 2014-6 [Published Business Wire Professional Services News - Jul 31 2014]
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Fitch Affirms Nelnet Student Loan Trust Series ... [Published Business Wire Professional Services News - Aug 08 2014]
NEW YORK--(BUSINESS WIRE)--Fitch Ratings affirms the notes issued by Nelnet Student Loan Trust Series 2010-1 at 'AAAsf'. The Rating Outlook remains Stable. Key Rating Drivers High Collateral Quality: The trusts' collateral consists of 100% Federal Family ...
Nelnet Reports Second Quarter 2014 Results [Published PR Newswire: Policy & Public Interest - Aug 07 2014]
LINCOLN, Neb., Aug. 7, 2014 /PRNewswire/ -- Nelnet (NYSE: NNI) today reported GAAP net income of $75.0 million, or $1.61 per share, for the second quarter of 2014, compared with GAAP net income of $101.2 million, or $2.17 per share, for the same period ...
Fitch Affirms Nelnet 2008-1's Notes [Published Business Wire Professional Services News - Aug 05 2014]
NEW YORK--(BUSINESS WIRE)--Fitch Ratings affirms the senior and subordinate notes issued by Nelnet Student Loan Trust Series 2008-1 at 'AAAsf' and 'Asf', respectively. The Outlook for both classes remains Stable. KEY RATING DRIVERS High Collateral Quality: ...
Fitch Rates Nelnet Student Loan Trust 2014-6 [Published Business Wire Professional Services News - Jul 31 2014]
NEW YORK--(BUSINESS WIRE)--Fitch Ratings assigns ratings to Nelnet Student Loan Trust (NSLT) 2014-6 student loan asset-backed notes as follows: --$565,000,000 class A notes 'AAAsf'; Outlook Stable; --$8,300,000 class B notes 'A+sf'; Outlook Stable. KEY ...
Fitch Rates Nelnet Student Loan Trust 2014-6 [Published Business Wire Education News - Jul 31 2014]
NEW YORK--(BUSINESS WIRE)--Fitch Ratings assigns ratings to Nelnet Student Loan Trust (NSLT) 2014-6 student loan asset-backed notes as follows: --$565,000,000 class A notes 'AAAsf'; Outlook Stable; --$8,300,000 class B notes 'A+sf'; Outlook Stable. KEY ...
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Press Releases

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Nelnet to Announce Second Quarter Results [Published Financial Services - Jul 22 2014]
Nelnet Reports First Quarter 2014 Results [Published Financial Services - May 08 2014]
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