Tobacco-free workplaceAssociates who are tobacco-free (or enrolled in the Tobacco Cessation program) and enrolled in a Nelnet medical plan in 2016 can earn a discounted medical premium.

Wellness quarterly incentiveAssociates who participate in our quarterly wellness challenges can earn up to $1,200 a year, which is deposited into their Health Savings Account through Union Bank & Trust.

Other wellness programs• Annual health screenings• Spouse incentives for health screening participation• Fitness membership reimbursement up to $20 per month• Weight management programs and reimbursement options• Tobacco Cessation program• Lifestyle coaching program• Beginning Right Maternity program• Monthly webinars

Wellnet, Onsite Health and Wellness Center located in LincolnOur goal is to help you achieve your optimum health. Associates have access to a full range of free health assessments, lifestyle coaching, tobacco cessation and disease management programs. The staff at Wellnet is licensed to diagnose, treat and prescribe for a wide variety of common illnesses and injuries.

Financial wellness consultantOur financial wellness consultant educates associates about financial wellness and assists with the 401(k) Plan. In addition, we offer monthly webinars on topics such as debt management, saving for the future, credit awareness, and much more.

Employee Assistance ProgramThis program offers confidential support, expert information, and valuable resources at no cost to associates and their household members. Services are available 24/7.

HEALTH CARE

Unless stated otherwise, full-time and part-time associates are eligible for benefits the first day of the month following one full month of employment. Spouses, domestic partners, and dependent children up to age 26 can participate in medical, dental, and vision benefits. Participation in our annual health screening is encouraged in order to be eligible for discounted medical premiums.

Consumer Driven Health Plans (CDHP 1, CDHP 2) administered by AetnaNelnet offers the choice of two self-insured medical plans with in-network, out-of-network, and telemedicine benefits. Preventive health care and certain prescriptions are covered 100%. Both plans are eligible for Health Savings Account participation.

Dental Plans, administered by AetnaPreventive, basic, major, and orthodontic services for adults and children.

Vision Plans, offered by EyeMedIn-network and out-of-network benefits.

Bi-weekly premiumsMedical, dental, and vision premiums are deducted from each paycheck. We have 26 pay periods a year.

Health Savings Account (HSA)Associates enrolled in a CDHP plan are eligible to open an HSA through Union Bank & Trust. An HSA allows them to use tax-free money to pay for qualified health care expenses, future health care costs, or save for retirement. Associates also receive employer HSA contributions through our wellness programs.

We offer three types of Flexible Savings Accounts (FSAs)

• Dependent Care: $5,000 maximum annual contribution• Limited Purpose: $2,500 maximum annual contribution• Health Care: $2,500 maximum annual contribution

FINANCIAL AND PAID TIME OFF

Six paid holidays per year plus four floating holidays (may vary by office or business segment)Associates are eligible to receive paid holidays on their first day of employment.

Earned Time Off (ETO)ETO is available after the first paycheck. Unused ETO is carried over year to year. Associates are eligible to accrue up to 320 hours. Each January, associates may elect to sell up to 40 hours of unused ETO to be paid in November.

Paid medical leaveAfter one year of service, associates may receive up to six weeks paid at 100%, with Family Medical Leave Act (FMLA) eligibility after five consecutive days of absence for an associate’s own health condition. Additional paid leave is available based on years of service and employment status.

Performance-Based Incentive PlanA performance-based incentive is offered to reward associates for their contributions to the success and profitability of the company. Amounts, frequency, and eligibility vary by business segment.

Nelnet 401(k) Plan – Traditional 401(k) and Roth 401(k)The Nelnet 401(k) Plan offers both Traditional and Roth contributions. All associates are auto-enrolled the first day of the month following six months of service at 5%. Associates have the opportunity to opt out or change their contribution rate. Contributions to the 401(k) are matched at 100% on the first 3% and 50% on the next 2% of compensation. All contribution sources are 100% immediately vested.

Employee Share Purchase Program (ESPP)The ESPP allows associates to purchase Nelnet stock through payroll deductions at a 15% discount from fair market price after six months of employment.

MAXIMUM ETO ACCRUED EACH YEAR

Years of service 0–4 Years 5–9 Years 10+ Years

Full-time non-exempt Up to 18 days Up to 24 days Up to 27 days

Full-time exempt Up to 22 days Up to 28 days Up to 31 days

PT 32–39 non-exempt Up to 12 days Up to 17 days Up to 19 days

PT 32–39 exempt Up to 16 days Up to 21 days Up to 23 days

PT 20–31 non-exempt Up to 7 days Up to 9 days Up to 10 days

PT 20–31 exempt Up to 10 days Up to 12 days Up to 13 days

Medical Dental VisionCDHP 1 CDHP 2

Assoc. only $74 $62 $5 $2.52

Assoc. & child(ren) $121 $98 $9 $5.04

Assoc. & spouse/partner $127 $103 $11 $4.79

Assoc. & family $175 $141 $12 $7.41

Medical DentalCDHP 1 CDHP 2

Assoc. only $113 $94 $5 $2.57 $8.22

Assoc. & child(ren) $218 $170 $9 $5.14 $16.45

Assoc. & spouse/partner $226 $180 $11 $4.88 $15.62

Assoc. & family $326 $262 $12 $7.55 $24.17

Essential Vision

Enhanced Vision

We offer a holistic approach to wellness by providing tools and resources that motivate associates

to achieve their physical, financial, professional, and personal well-being goals. Our wellness and benefits package is integrated to offer associates a well-rounded suite of programs to create the best you!

OTHER BENEFITS

Tuition assistanceFull-time and part-time associates are eligible for reimbursement of tuition, fees, and books after one year of employment. Courses or degree programs must be related to an area of business at Nelnet. Reimbursement maximum per calendar year varies between $2,625-$5,250.

Adoption benefitsAdoption benefits are offered to assist with financial costs of adoption and allow paid time off from work.

Long-term disabilityAfter one year of service, full-time and part-time associates are automatically enrolled in a long-term disability plan. The plan pays up to 60% of regular pay after 181 days of disability. Your insurance carrier determines approval.

Company-paid associate life and accidental death & dismemberment insurance Nelnet purchases term insurance equal to two times an associate’s annual salary, up to $500,000.

Voluntary benefitsAssociates have the option to purchase voluntary short-term disability, accident insurance, and cancer insurance.

Scholars programEach year, children (24 years of age or younger) of Nelnet associates have the opportunity to apply for scholarships worth up to $5,000. Nelnet associates must be employed three months prior to the application period.

Casual dress environmentOur dress code is casual. At times, business casual or business attire may be requested with adequate notice.

Parking subsidyParking is available at no cost or subsidized cost depending on your office location.

WHO WE ARE“ Nelnet understands that company success and growth comes through associates who feel valued, challenged, and engaged. One of our Core Values is: Create an awesome work enviroment. Our success providing superior customer experiences is a direct result of the close attention we give to our associate experiences.” —Jeff Noordhoek, CEO

OUR MISSION (Why we exist)

Build a more educated and fiscally responsible world.

OUR CORE VALUES (What we believe in and how we behave)

ATTRIBUTES A PERFORMANCE-BASED ORGANIZATION RECOGNIZES IN ASSOCIATES

• Provide superior customer experiences

• Create an awesome work enviroment

• Pursue opportunities for diversification and growth

• Communicate openly and honestly

• Give back to the communities in which we live and work

• Accountability

• Ethics and integrity

• Communication/feedback

• Great people

• Pay for performance

• Opportunity

• Continuous improvement

• Recognition

• Teamwork

• Results

2015 Nelnet, Inc. All rights reserved. Nelnet is a registered service mark of Nelnet, Inc.

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2014 ASSOCIATE WELLNESS & BENEFITS