LINCOLN, Neb., Feb 15, 2011 /PRNewswire/ -- Nelnet, Inc. (NYSE: NNI) today announced a first quarter cash dividend on the company's outstanding shares of Class A common stock and Class B common stock of $0.07 per share. The dividend will be paid on March 15, 2011, to shareholders of record at the close of business on March 1, 2011. Nelnet currently has 36.8 million shares of Class A common stock and 11.5 million shares of Class B common stock outstanding. For more than 30 years, Nelnet has been helping families plan, prepare, and pay for their education. Additional information is available at www.nelnet.com. (code #: nnif) SOURCE Nelnet, Inc.