What they were paid
NELNET Director Compensation Table · all 4 fiscal years held| Fiscal year | Cash fees | Stock awards | Option awards | Other | Total |
|---|---|---|---|---|---|
| FY2025 | $16,000 | $226,587 | — | $25,000 | $267,587 |
| FY2024 | $16,000 | $226,528 | $0 | $50,000 | $292,528 |
| FY2022 | $18,000 | $226,554 | — | $1,000 | $245,554 |
| FY2021 | $17,000 | $197,069 | — | $0 | $214,069 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: NELNET INC DEF 14A filed April 2, 2026, accession 0001258602-26-000024, and prior-year filings. Open the filing on EDGAR.
How this page was built: the NELNET INC filed document, accession 0001258602-26-000024. Every figure is read from that document and cited to the page and table it appears in. Filed April 2, 2026.
Get the NELNET Board Governance Report
$267,587 Thomas E. Henning, FY2025 total director compensation
$500
The free page is the headline figures. The board report is director pay, board composition and committee fees combined into the same kind of document.
Data as of April 2, 2026 · Source: Velarion Executive Compensation Database, deposited on Zenodo (doi:10.5281/zenodo.22283855).
How this board is paid
company policy · FY2025NELNET pays directors a $150,000 cash retainer.
Committees
FY2025 · as the proxy prints themAudit · Risk and Finance · Executive
The rest of the NELNET board
FY2025 · as the company reported each| Director | Role | FY2025 total |
|---|---|---|
| David S. Graff | Independent Director | $216,049 |
| Jona M. Van Deun | Independent Director | $232,856 |
| Kathleen A. Farrell | Independent Director | $225,856 |
| Kimberly K. Rath | Independent Director | $214,049 |
| Matthew W. Dunlap | Director | $184,000 |
| Michael S. Dunlap | Chair of the Board | — |
| Preeta D. Bansal | Independent Director | $255,856 |
The full NELNET compensation record
free company briefThis page is one director within NELNET's record. The company brief lists every named executive and director, each linking to their own page.
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