For Release: 11/22/2006
Contact: Eric Solomon, 202.659.2258
Lincoln, Neb., November 21, 2006 – For the second time this year, Nelnet (NYSE:NNI), a leading education planning and finance company, teamed with ABC's Extreme Makeover: Home Edition to assist individuals who have an educational need. Nelnet surprised Kenneth Machacek, Teresa Fullerton, and their five children with 529 College Savings Plan accounts in the amount of $2,500 each on November 21. In addition, Peterson’s, a Nelnet company, supplied the family with college and test preparation books.
"It is such a wonderful thing that Nelnet stepped up once again to help the Machacek- Fullerton family with college savings plans," said Diane Korman, senior producer for the show. "We thank them for joining with us to make a difference."
"Once again, Nelnet is happy to participate in such a kindhearted program," said Nelnet President Jeff Noordhoek. "We believe in making educational dreams come true and what a better way to accomplish that goal than to help a family in our own community."
Nelnet seeks to increase opportunities for students across the nation by offering a full spectrum of educational products and services to families, giving them the tools to make the right education choice and pay for it as well. Scholarships are another avenue for increasing opportunities: Nelnet and the Nelnet Foundation provide more than one million dollars in scholarships and charitable contributions annually. Together they fund local and national organizations as well as assist individuals to promote higher education access for students.
The 529 plans will be open for contributions from the community. Anyone interested in participating should send a check to:
College Savings Plan of Nebraska c/o Union Bank 6811 South 27th Street Lincoln, NE 68512
Memo line: child’s name (Ericka Machacek, Justin Machacek, Bo-Ashley Brianna Fullerton, Chelsey Fullerton, or Tucker Fullerton)
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About Extreme Makeover: Home Edition:
Extreme Makeover: Home Edition, which has won back-to-back Emmy Awards as Best Reality Program (non-competitive), "is in" its 4th season on ABC. The program is produced by Endemol USA, a division of Endemol Holding. Denise Cramsey is the executive producer; and David Goldberg is the president of Endemol USA.
About Nelnet:
For 28 years, Nelnet has been helping education-seeking families plan for their education, pay for their education, and prepare for their careers. The company has invested hundreds of millions of dollars in products, services, and technology improvements for students and the educational institutions they attend. These services include live counseling to guide families through all aspects of the financial aid process, benefits for borrowers, including tens of millions of dollars in fee reductions, and Nelnet-sponsored scholarships. Nelnet serves students in 50 states, employs approximately 3,700 associates, and has $22.9 billion in net student loan assets.
Additional information is available at www.nelnet.com.
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