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Nelnet Overview

Nelnet, Inc., is a United States-based conglomerate that deals in the administration and repayment of student loans and education financial services. The company is headquartered in Lincoln, Nebraska.
The staff at Nelnet come from unusually diverse demographic backgrounds. The company is 56.6% female and 28.8% ethnic minorities. Nelnet employees are more likely to be members of the Democratic Party than the Republican Party, with 58.3% of employees identifying as members of the Democratic Party. But those numbers could change quickly because the turnover rate at Nelnet is relatively high. Employees at Nelnet stay with the company for an average of 2.5 years before leaving. The average employee at Nelnet makes $50,178 per year. In comparison, some of its highest paying competitors, like On Deck Capital, AFS Acceptance, and Genesis Financial Solutions, pay $72,342, $55,351, and $53,357, respectively.
A large finance company with 3,700 employees and an annual revenue of $1.2B, Nelnet is headquartered in Lincoln, NE.

The Organization’s Mission

Creating opportunities for people where they live, learn, and work.


Financial Services





Founded in



Lincoln, NE


Organization Type


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The Team At Nelnet

Key People
  • Jeff Noordhoek (CEO)
  • Jeffrey Noordhoek (ceo)
  • Mark Portz (President)
  • Michael Dunlap (Chairman)

The Culture At Nelnet

Information provided by the company
Let's be honest, most people don't like problems. We're not looking for most people.
Programming is a career as well as a hobby.
Strives to align personal passion and career desires with opportunities and company needs
We are looking for the kind of people who truly care, who work hard, and who are willing to step up for our customers and our fiber family.

Nelnet Reviews

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Zippia UserApril 2020


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What Do You Like About Working There?

Challenging but rewarding work experience. Positive management and work environment. Show More

What DON'T You Like About Working There?

High stress levels, always feel like you're working even when not on a call. Show More

What Are Your Favorite Benefits/Perks?

Location, above average pay with easily obtainable job advancement plans. Show More
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Nelnet Rankings

Nelnet is ranked #33 on the Best Companies to Work For in Nebraska list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

Nelnet Salaries

How much does Nelnet pay?
The national average salary for a Nelnet employee in the United States is $50,178 per year. Employees in the top 10 percent can make over $90,000 per year, while employees at the bottom 10 percent earn less than $27,000 per year.
Salary Score
Average Employee Earnings

Nelnet Salaries By Job Title

The average employee at Nelnet earns a yearly salary of $50,178 per year, but different jobs can earn drastically different salaries. The higher paying positions at Nelnet include information technology director, software developer, quality assurance engineer, and loan adviser. A typical information technology director salary at Nelnet is $126,331. Some of the other roles at Nelnet are claim processor and claims adjudicator. A worker with the title claim processor at Nelnet earns an average salary of $23,731 per year.
Job Title
Average Salarydesc
Information Technology Director
Salary Range117k - 135k$126k$126,331
Software Developer
Salary Range92k - 113k$102k$102,186
Quality Assurance Engineer
Salary Range80k - 93k$87k$86,743
Loan Adviser
Salary Range76k - 94k$85k$85,318
Information Technology Analyst
Salary Range77k - 92k$85k$84,905
Senior .NET Developer
Salary Range78k - 86k$82k$82,368
Software Engineer
Salary Range73k - 90k$82k$81,608
Home Advisor
Salary Range75k - 84k$80k$80,010
SQL Database Administrator
Salary Range75k - 81k$78k$78,227
Systems Administrator
Salary Range70k - 85k$77k$77,335

Nelnet Careers

On average, employees at Nelnet stay with the company for 2.5 years. Employees most commonly join Nelnet after leaving Walmart. When they leave Nelnet, they most frequently get their next job at Dell.

Average Length of Employment

Sallie Mae
3.1 years
2.5 years
MSA Solutions
1.7 years

Top Employers Before Nelnet

12.5 %
6.9 %
5.8 %

Top Employers After Nelnet

18.2 %

Nelnet Employee Demographics

Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

Nelnet Employees Education

Of the 3,700 employees at Nelnet, 28.0% attended University of Nebraska - Lincoln. Employees at Nelnet most frequently majored in Business, and most employees’ highest level of education is a Bachelors.

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Nelnet Employee Political Affiliation

Nelnet employees are most likely to be members of the Democratic Party. The largest donation made to a political party by a Nelnet employee was by Steve Butterfield. Steve Butterfield donated $5,000 to the Republican Party.

Employee Political Donations

NameascdescJob TitleascdescPartyascdescDonationascdesc
Mike DunlapChief Executive Officer
Mike Dunlap
Chief Executive Officer
Chief Executive Officer
Democratic Party
Democratic Party
$8,600Democratic Party
Steve ButterfieldVice Chairperson
Steve Butterfield
Vice Chairperson
Vice Chairperson
Republican Party
Republican Party
$5,000Republican Party
Terry HeimesExecutive
Terry Heimes
Democratic Party
Democratic Party
$5,000Democratic Party
Sara DavisUniversity Relations Director
Sara Davis
University Relations Director
University Relations Director
Democratic Party
Democratic Party
$2,800Democratic Party
Lori DishneauExecutive
Lori Dishneau
Democratic Party
Democratic Party
$2,500Democratic Party
Michael RandashExecutive
Michael Randash
Democratic Party
Democratic Party
$2,500Democratic Party
Jeff NoordhoekFinance
Jeff Noordhoek
Republican Party
Republican Party
$2,500Republican Party
Susan BrodieDirector
Susan Brodie
Democratic Party
Democratic Party
$2,258Democratic Party
Todd EicherExecutive Director
Todd Eicher
Executive Director
Executive Director
Democratic Party
Democratic Party
$2,000Democratic Party
Thomas HenningBoard Member
Thomas Henning
Board Member
Board Member
Democratic Party
Democratic Party
$2,000Democratic Party
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Nelnet Financial Performance

Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.


> $1B

Founded in


Organization type


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Nelnet Subsidiaries

Subsidiaries to Nelnet include Fact. Employees at the parent company, Nelnet, earn $50,178 whereas employees at Fact earn $37,903, on average.
Average Salarydesc
Salary Range25k - 56k$38k$37,903

Nelnet Competitors

Competitors of Nelnet include On Deck Capital, AFS Acceptance, and Genesis Financial Solutions. The wages at On Deck Capital average higher than the other similar companies, where the median salary is $72,342 per year. The salaries at AFS Acceptance average $55,351 per year, and the salaries at Genesis Financial Solutions come in at $53,357 per year.
Average Salarydesc
On Deck Capital
Salary Range55k - 94k$72k$72,342

AFS Acceptance

Salary Range39k - 78k$55k$55,351

Genesis Financial Solutions

Salary Range38k - 73k$53k$53,357
American Credit Card Processing
Salary Range37k - 72k$52k$52,356


Salary Range38k - 69k$51k$51,487

Progressive Finance

Salary Range37k - 69k$51k$51,362


Salary Range37k - 68k$51k$50,705

Target Financial Services

Salary Range34k - 68k$48k$48,397

GE Consumer Finance

Salary Range32k - 68k$47k$47,245

MSA Solutions

Salary Range33k - 62k$46k$45,573

Frequently Asked Questions about Nelnet

When was Nelnet founded?

Nelnet was founded in 1996.

How many Employees does Nelnet have?

Nelnet has 3,700 employees.

How much money does Nelnet make?

Nelnet generates $1.2B in revenue.

What industry is Nelnet in?

Nelnet is in the financial services industry.

What is Nelnet's mission?

Nelnet's mission statement is "Creating opportunities for people where they live, learn, and work."

What type of company is Nelnet?

Nelnet is a public company.

Who are Nelnet's competitors?

Nelnet competitors include Sallie Mae, MSA Solutions, On Deck Capital, Applied Card Systems, Integrity Solution Services, TIME INVESTMENT, World Omni Financial, Genesis Financial Solutions, Target Financial Services, Semperian, OSI Outsourcing Services, American Credit Card Processing, GE Consumer Finance, CardWorks Inc, Minacs, Credit Acceptance, AFS Acceptance, Vanderbilt Mortgage and Finance, CRESCENT BANK, Progressive Finance.

Who works at Nelnet?

Jeff Noordhoek (CEO)

Jeffrey Noordhoek (ceo)

Mark Portz (President)

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Updated December 31, 2020

Zippia gives an in-depth look into the details of Nelnet, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Nelnet. The employee data is based on information from people who have self-reported their past or current employments at Nelnet. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of Nelnet and its employees or that of Zippia.

Nelnet may also be known as or be related to NELNET INC, Nelnet, Nelnet Inc, Nelnet LLC and Nelnet, Inc.