Blog Post  DeVry University Refunds

Thousands of students who attended DeVry University will receive refund checks as a result of a settlement with the Federal Trade Commission (FTC) over deceptive advertisements. Due to false ads claiming high employment success rates and income levels after graduation, the FTC announced that the school will pay $49.4 million in partial reimbursements to students.

Using DeVry’s student records, the FTC will identify those who are eligible for a refund. Students will receive refunds based on how much they paid to the university but should not expect refunds of the full amount they paid.  Checks will be mailed by the end of the summer to those who enrolled for the first time in a bachelors or associates degree program between January 1, 2008 and October 1, 2015. Eligible recipients must also have paid at least $5,000 with cash, loans, or military benefits, did not get a debt or loan forgiveness as part of this settlement, and completed at one class credit.

The FTC advises those consumers who think they might be eligible, and whose address has changed since attending DeVry, to call the FTC refund administrator at 844-578-2645 to update your address.

For information about the DeVry redress program, visit FTC.gov/DeVry and sign up for email updates. To learn more about repaying federal student aid, check out the Department of Education’s loan repayment page.