LINCOLN, Neb., April 14, 2025 /PRNewswire/ — Nelnet Trade Services and products, a category of Nelnet, Inc. (NYSE: NNI), has bought the exceptional fairness and club pursuits to turn out to be the only real proprietor of Later Gen Internet Answers (Later Gen), an established supplier of tool answers throughout the upper schooling marketplace.

Because of the purchase, Later Gen, headquartered in Jacksonville, FL, might be structured throughout the Nelnet Campus Trade trade order of Nelnet Trade Services and products, underneath the management of Nelnet Campus Trade President Jackie Strohbehn.

“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,” stated Strohbehn.

With greater than 18 years of upper schooling enjoy, Later Gen has served greater than 20 million scholars, that specialize in turning in answers 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,” presented 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 Trade
Nelnet Campus Trade delivers limitless cost alternatives for almost 1,000 faculties and universities and serves over 8 million scholars throughout the USA. The usage of the unedited generation to build distinctive and built-in cost studies, Nelnet Campus Trade answers are PCI Stage 1 validated and combine with each main Endeavor Useful resource Making plans (ERP) gadget. From cost processing and refunds to tuition cost plans and on-line storefronts, Nelnet Campus Trade is helping procedure each cost on campus.

About Nelnet Trade Services and products
Nelnet Trade Services and products (NBS) is a category of Nelnet, Inc. (NYSE: NNI), which gives cost generation and people control answers for Okay-12 faculties, upper schooling establishments, church buildings, and companies within the U.S. and the world over. NBS serves just about 1,000 upper schooling establishments and 12,000 Okay-12 faculties international.

SOURCE Nelnet Campus Trade