Nelnet Expands Higher Education Footprint with Acquisition of Next Gen Web Solutions
Nelnet Business Services, a division of Nelnet, Inc. (NYSE: NNI), has acquired Next Gen Web Solutions, a Jacksonville-based provider of software solutions for higher education. Next Gen will be integrated into the Nelnet Campus Commerce business line under President Jackie Strohbehn.
Next Gen brings over 18 years of experience in higher education, having served more than 20 million students with solutions for streamlining administrative processes. The acquisition expands Nelnet's product offerings to include:
- Form building
- Financial aid exception processing
- Verification
- Scholarship management
- Work-study administrative support
The strategic move aims to diversify Nelnet's revenue streams while enhancing its service offerings to higher education institutions, leveraging existing shared client relationships.
Nelnet Business Services, una divisione di Nelnet, Inc. (NYSE: NNI), ha acquisito Next Gen Web Solutions, un fornitore di soluzioni software per l'istruzione superiore con sede a Jacksonville. Next Gen sarà integrata nella linea di business Nelnet Campus Commerce sotto la guida della presidente Jackie Strohbehn.
Next Gen vanta oltre 18 anni di esperienza nel settore dell'istruzione superiore, avendo supportato più di 20 milioni di studenti con soluzioni per semplificare i processi amministrativi. L'acquisizione amplia l'offerta di prodotti di Nelnet includendo:
- Creazione di moduli
- Gestione delle eccezioni per gli aiuti finanziari
- Verifica
- Gestione delle borse di studio
- Supporto amministrativo per il lavoro-studio
Questa mossa strategica mira a diversificare le fonti di reddito di Nelnet, migliorando al contempo i servizi offerti alle istituzioni di istruzione superiore, sfruttando le relazioni condivise con i clienti esistenti.
Nelnet Business Services, una división de Nelnet, Inc. (NYSE: NNI), ha adquirido Next Gen Web Solutions, un proveedor con sede en Jacksonville de soluciones de software para la educación superior. Next Gen se integrará en la línea de negocio Nelnet Campus Commerce bajo la presidencia de Jackie Strohbehn.
Next Gen aporta más de 18 años de experiencia en educación superior, habiendo atendido a más de 20 millones de estudiantes con soluciones para optimizar procesos administrativos. La adquisición amplía la oferta de productos de Nelnet para incluir:
- Creación de formularios
- Procesamiento de excepciones de ayuda financiera
- Verificación
- Gestión de becas
- Soporte administrativo para trabajo-estudio
Esta acción estratégica busca diversificar las fuentes de ingresos de Nelnet mientras mejora los servicios ofrecidos a las instituciones de educación superior, aprovechando las relaciones compartidas con clientes existentes.
Nelnet Business Services는 Nelnet, Inc. (NYSE: NNI)의 한 부서로, 고등교육 소프트웨어 솔루션 제공업체인 Jacksonville 소재의 Next Gen Web Solutions를 인수했습니다. Next Gen은 Jackie Strohbehn 사장 아래 Nelnet Campus Commerce 사업부에 통합될 예정입니다.
Next Gen은 18년 이상의 고등교육 경험을 보유하고 있으며, 2천만 명 이상의 학생에게 행정 프로세스 간소화 솔루션을 제공해왔습니다. 이번 인수로 Nelnet의 제품군에 다음이 추가됩니다:
- 폼 빌더
- 재정 지원 예외 처리
- 검증
- 장학금 관리
- 근로 학습 행정 지원
이 전략적 결정은 Nelnet의 수익원을 다각화하고 기존 고객과의 관계를 활용하여 고등교육 기관에 대한 서비스 제공을 강화하는 데 목적이 있습니다.
Nelnet Business Services, une division de Nelnet, Inc. (NYSE : NNI), a acquis Next Gen Web Solutions, un fournisseur basé à Jacksonville de solutions logicielles pour l'enseignement supérieur. Next Gen sera intégré à la ligne de produits Nelnet Campus Commerce sous la présidence de Jackie Strohbehn.
Next Gen apporte plus de 18 ans d'expérience dans l'enseignement supérieur, ayant servi plus de 20 millions d'étudiants avec des solutions pour simplifier les processus administratifs. Cette acquisition élargit l'offre de produits de Nelnet pour inclure :
- Création de formulaires
- Traitement des exceptions d'aide financière
- Vérification
- Gestion des bourses
- Soutien administratif pour le travail-études
Cette démarche stratégique vise à diversifier les sources de revenus de Nelnet tout en améliorant ses services aux établissements d'enseignement supérieur, en tirant parti des relations clients existantes.
Nelnet Business Services, eine Sparte von Nelnet, Inc. (NYSE: NNI), hat Next Gen Web Solutions übernommen, einen Anbieter von Softwarelösungen für den Hochschulbereich mit Sitz in Jacksonville. Next Gen wird unter der Leitung von Präsidentin Jackie Strohbehn in die Geschäftseinheit Nelnet Campus Commerce integriert.
Next Gen bringt über 18 Jahre Erfahrung im Hochschulbereich mit und hat mehr als 20 Millionen Studenten mit Lösungen zur Optimierung administrativer Prozesse unterstützt. Die Übernahme erweitert das Produktportfolio von Nelnet um:
- Formularerstellung
- Bearbeitung von Ausnahmen bei der Studienfinanzierung
- Verifizierung
- Stipendienverwaltung
- Verwaltung von Arbeitsstudienprogrammen
Mit diesem strategischen Schritt will Nelnet seine Einnahmequellen diversifizieren und gleichzeitig sein Dienstleistungsangebot für Bildungseinrichtungen ausbauen, indem bestehende Kundenbeziehungen genutzt werden.
- Expands product portfolio with complementary higher education software solutions
- Access to Next Gen's established customer base serving 20+ million students
- Revenue diversification opportunity in higher education market
- Synergies with existing shared clients
- Integration costs and risks not disclosed
- Acquisition price and financial terms not revealed
As a result of the acquisition, Next Gen, headquartered in
"The acquisition of Next Gen and its incorporation into Nelnet Campus Commerce supports our focus on diversifying revenue streams while bringing needed solutions to the higher education market," said Strohbehn.
With more than 18 years of higher education experience, Next Gen has served more than 20 million students, focusing on delivering solutions to streamline and automate administrative processes.
"While we have a number of shared clients with Next Gen, the expansion of our product suite will help Nelnet Campus Commerce deliver additional value to higher education institutions," offered Strohbehn. "We will now be able to address customer needs for form building, financial aid exception processing, verification, scholarship management, and work-study administrative support."
"We are confident that our history with Next Gen will make this a smooth transition for all customers and excited by the opportunity to create new partnerships," concluded Strohbehn.
About Nelnet Campus Commerce
Nelnet Campus Commerce delivers unlimited payment opportunities for nearly 1,000 colleges and universities and serves over 8 million students across
About Nelnet Business Services
Nelnet Business Services (NBS) is a division of Nelnet, Inc. (NYSE: NNI), which provides payment technology and community management solutions for K-12 schools, higher education institutions, churches, and businesses in the
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SOURCE Nelnet Campus Commerce
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