Lincoln, Nebraska-based Nelnet, Inc. is a company engaged in loan servicing, communications, education technology, services, and payment processing businesses all around the world. Its Loan Servicing and Systems segment provides a range of services, including loan conversion, application processing, borrower updates and customer service. This segment also offers student loan servicing software and specializes in business process outsourcing services like contact center management. The Education Technology, Services, and Payment Processing segment provides financial management services, school information system software, website design, admissions software, and customized professional development services. The Communications segment provides fiber optic services for internet, television, and phone services. The Asset Generation and Management segment acquires, manages, and owns loan assets while Nelnet Bank operates as an internet industrial bank. The company was founded in 1978.