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Nelnet
Student loan servicer
- 1001+ employees
- Fintech
- B2B
- Lending
- SaaS
- Downtown, Lincoln, NE
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Company mission
Nelnet's mission is to serve its customers, associates, and communities.
Our take
Founded in 1996, legacy financial services provider Nelnet has grown from student loan servicer to investment and internet bank and cable and internet provider. Having become a publicly traded company in the early noughties the company’s impressive expansion saw it acquire over 50 subsidiaries that provide and collect student loans across the USA.
Alongside student loan services, Nelnet also provides enrolment services, resume-building software, and fiber optic cable installations through subsidiary companies. With the company’s acquisition of Great Lakes Educational Loan Services, it is now the largest provider of student loans in the USA, spanning 42% of the market.
2023 saw a spotlight fall upon the US student loan market amidst technical failures rising in incidence. Nelnet itself has been very vocal about the lack of government funding and resources, which has meant it had to lay off 550 of its employees. However, with Nelnet’s large market share and its calls for government legislature change being listened to by policymakers, it’s clear that the company is still an influential voice almost 3 decades after its founding.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Generous earned time off plus 11 paid holidays a year
- 401(k) and loan repayment program (we match 100% of your first 3% contribution and 50% on the next 2%)
- Health Savings Account (HSA) or Flexible Spending Account (FSA)
- Free health benefit premiums - we hold annual health screenings for all associates. If you meet all four wellness goals, you’ll earn a free health premium (associate-only coverage) in the next year
Company values
- Providing superior customer experiences
- Creating an awesome work environment
- Pursuing opportunities for diversification and growth
- Communicating openly and honestly
- Giving back to the communities in which we live and work
Leadership
Mike Dunlap
(Executive Chairman)Studied at the University of Nebraska College of Law before founding Nelnet in 1996.