Nelnet Leader Elected to Board of Directors for Imagine America Foundation

Paramus, NJ, July 22, 2009 – Chris Cimino, managing director of sales and marketing at CUnet, a Nelnet subsidiary and a leading provider of online performance media and interactive marketing services for educational institutions, was recently elected as a member of the Board of Directors for the Imagine America Foundation.

“We have important work ahead of us to support and promote the career college sector and I know Chris will be instrumental in helping us achieve our goals,” said Bob Martin, President of the Imagine America Foundation which is a non-profit organization dedicated to providing scholarship, research, and training support for the career college sector.

“I am deeply honored to have been elected to the Imagine America Foundation’s Board of Directors,” said Chris Cimino. “The career education sector plays a critical role in our education system and has a profound impact on our country’s future. I look forward to contributing to the Foundation’s future success in helping students fulfill their career ambitions.”

Prior to his current role, Cimino served as senior vice president for Nelnet Inc. In this role Cimino was responsible for the overall success of brand asset generation and sales across all of Nelnet services and products within the career education market.

He previously served as national sales director for Tuition Management Systems, senior business development director at Pearson Education, vice president of sales at Mascot Network, and national sales director at Forbes Inc.

Cimino received his Bachelor of Science degree in economics from Bentley University, a master’s degree in public administration from Suffolk University Sawyer School of Management and his Master of Business Administration from Bentley University McCallum Graduate School.

About CUnet: CUnet, a Nelnet subsidiary, is the premier provider of online performance media and interactive marketing services driving qualified student inquiries and enrollments for the higher education industry. Launched in July 2003, the company has grown rapidly to oversee the promotional campaigns of over 1,000 colleges, universities, and career schools throughout the United States and Canada. CUnet is dedicated to creating cost-effective marketing programs using a mix of online media strategies and formats to find prospective students, generate qualified responses, and maximize enrollments and starts. CUnet is a subsidiary of Nelnet, a leader in education planning and financing for more than 30 years. CUnet is based in Paramus, NJ. For more information, visit www.cunet.com.

About Nelnet: 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.

About the Imagine America Foundation: The Imagine America Foundation (IAF), established in 1982, is a not-for-profit organization dedicated to providing scholarship, research and training support for the career college sector. Since its inception, the Foundation has provided over $40 million in scholarship and award support for graduating high school seniors, adult learners and U.S. military veterans attending career colleges nationwide through its award-winning Imagine America® programs. The Foundation also publishes vital research publications for the higher education sector, honors achievement in career education and offers faculty development. For more information about the Imagine America Foundation’s programs, please visit www.imagine-america.org.