You are here

DeVry refund update

Share this page

As part of the FTC’s settlement with DeVry University for deceptive advertising, the school agreed to pay $49.4 million to the FTC for partial refunds to some students. The FTC plans to mail checks before the end of the summer to people who:

  • enrolled for the first time in a bachelor’s or associate’s degree program at DeVry University between January 1, 2008 and October 1, 2015;
  • paid at least $5,000 with cash, loans or military benefits;
  • did not get debt or loan forgiveness as part of this settlement; and
  • completed at least one class credit.

The amount of each refund will depend on how much a person paid to DeVry. The refunds will not be the full amount of money people paid.

The FTC will use DeVry’s records to identify students eligible for refunds. If you were a DeVry student between January 1, 2008 and September 30, 2015, you don’t need to do anything to apply for a refund. If you think you might be eligible, and your address has changed since you attended DeVry, you can 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.

Note: On May 11, 2017, we edited this post to clarify that a student had to enroll in a degree program for the first time between January 1, 2008 and October 1, 2015.

Tagged with: college, refunds

Comments

I filled out a borrowers Defense against repayment against Devry... So Far nothing heard back. Wondering Has anyone else that has filed hear anything back ??

How long has it been?

So would all the students who meet at least one of the conditions be getting something in the mail or no?

No - you aren't eligible if you meet just one condition.

To be eligible, a student has to meet all four of the conditions:

  • enrolled in a bachelor’s or associate’s degree program at DeVry University between January 1, 2008 and October 1, 2015;
  • paid at least $5,000 with cash, loans or military benefits;
  • did not get debt or loan forgiveness as part of this settlement; and
  • completed at least one class credit.

The requirements listed don't say you had to have graduated only if you were enrolled and received credits as well as the other requirements. Would you have had to receive your degree from Devery as well? I took multiple credits but didn't complete the program.

No, you do not have to be a graduate to be eligible for the FTC refund program. The four bullet points at the top of the blog show what you need to be eligible.

Bridget so does this mean for those who did not receive a letter from DeVry for the debt or loan forgiveness will receive a refund from FTC?

To be eligible for a partial refund from the FTC, you have to meet all four of these conditions. You must have:

  • enrolled in a bachelor’s or associate’s degree program at DeVry University between January 1, 2008 and October 1, 2015;
  • paid at least $5,000 with cash, loans or military benefits;
  • not gotten debt or loan forgiveness as part of this settlement; and
  • completed at least one class credit.

Did you have to sign up for a case to be a part of this settlement or just be a former student and meet the conditions?

No, you don't have to sign up to be part of this settlement.  For information about the DeVry redress program, visit FTC.gov/DeVry.

If DeVry settled based upon false advertising in regards to job placement and pay for people who obtained their Bachelors Degree, than shouldnt the only people who qualify for the money be the individuals who actually graduated from DeVry? In order for anyone to know the truth or falsehood of that claim, it would have only been able to be tested by people who had a DeVry Bachelors degree. In otherwords, it appears that people who graduated from DeVry are the ones who afforded this "fringe" benefit to the individuals who attended between 2008 and 2015. If this is the case, again I ask, why do people who didnt graduate from DeVry get loan forgiveness when those of us who graduated might only get partial?

How much is the percentage?

The FTC will distribute the $49.5 million settlement fund among 175,000 eligible students. Each student will get back a percentage of the total amount the student paid to attend DeVry. If some people don’t cash their checks, the FTC will use the remaining money to send a second round of checks.

Why won't the FTC release the percentage that will be refunded? If this refund is being split among 175,000 students, and $5,000 is the minimum spent to qualify, the highest percentage that can be given, according to the math, would be between 1%-2%. How is receiving a few hundred dollars considered relief, when over $50,000 was paid to them?

Is there an estimate on how long people have to cash their checks, and when the 2nd round of checks would go out?

If some people don’t cash their checks, the FTC will use the remaining money to send a second round of checks. If that happens, it will affect the percentage each person receives, so it's not possible to say now what each person might receive.

No, we don't have an estimate of how long people might have to cash their checks, or when a second round of checks - if there is a second round of checks - might go out.

I have not received no letter from Devry about this and I attended 2017-2010. I could not even get my degree and had good grades the whole time because of a internship. If they had told me that I had to do a internship I would not have done online only classes.

What if your loans are federal loans does that still qualify ?

Yes, you can be eligible if you paid with federal student loans and meet the other eligibility qualifications.

Great thanks! I am eligible as I meet all the criteria. Do I need to confirm my address or will they have my address since I'm still enrolled ?

According to DeVry, federal student loans and loans taken out from a bank are not eligible. Could you please explain why they said federal loans are not included, but you say they are?

• DeVry University has agreed to forgive unpaid balances on University loans issued before September 30, 2015. DeVry's Institutional Loan Program (ILP) is different than the U.S. federal student loan program. With the ILP, DeVry University is the lender, not the federal government or a bank. Accordingly, DeVry University is agreeing to forgive loans where it is the lender. This will have no impact on loans taken from the federal government or a bank.
Next steps:
1. Those current and former students who are eligible for ILP forgiveness will receive a notification via email and US mail within 30 days of the court approving the settlement. No action is necessary until the notification email and/or letter are received.
2. Students should ensure their latest contact information is reflected on the student portal. To do so, click on your name in the top right corner. Within the dropdown menu, select "Update Personal Information."
• DeVry University also agreed to forgive student account balances for some former DeVry University students.
Next steps:
1. Those former DeVry University students who are identified for student account balance forgiveness will be notified via email and US mail within 30 days of the court approving the settlement. No action is necessary until the notification email and/or letter are received.
2. Students should ensure their latest contact information is reflected on the student portal. To do so, click on your name in the top right corner. Within the dropdown menu, select "Update Personal Information."

It looks like you included part of an email or letter you got from DeVry in your comment. I don't know what that message is, so I'm not going to try to explain that.

I can tell you this: Under the FTC's settlement with DeVry, DeVry had to pay two large amounts that are being used in different ways to help students.

One amount was $49.4 million in cash. The FTC is applying that cash in this refund program and will distribute that cash to students who qualify. A person who paid at least $5,000 in loans (including federal loans) could qualify for the FTC refund program. The bullet points in this blog tell you how a student can qualify for the FTC refund program.

DeVry also paid $50.6 million that was used for students' debt relief. The debt that was forgiven included the full balance of all private unpaid student loans that DeVry made to undergraduate students between September 2008 and September 2015. It also included forgiveness of $20.25 million in student debts for items including tuition, books and lab fees. DeVry did not forgive federal loans. DeVry forgave the loans it made to students.

With Keller being a part of Devry and using the same marketing practices, how are those who went to Keller, not eligible for this? Are we then still stuck?

I called and the FTC agent told me that only students that completed their degree will be eligible.

That is NOT correct. I'm sorry for the confusion.

People are eligible for refunds even if they did not graduate, as long as they meet the other criteria.

Sounds like graduate students need to file a claim of their own. I graduated from DeVry with a BS in 2004, couldnt find a job so i went back to school at DeVry before it became Keller in Georgia. Still couldn't find employment in my field, even through job fairs and resume assistance they tried to appease us with.

So you're saying we had to start enrollment during this time period? I was enrolled from Sept 2006 to Feb 2011. I'm not eligible at all? These 900 dollar a month payments to the private student loan servicer is really crushing.

Yes, to be eligible for this FTC refund program a student had to enroll for the first time between January 1, 2008 and October 1, 2015.

Bridget,
If I enrolled in Associate degree program in 2007, and then enrolled in Bachelor's in 2010, am I qualified? My enrollment in 2010 will be within the qualifying tim period, but will not be enrollment for the first time. Please advise.
And do we know the percentage amount that will calculate refunds?

To be eligible for this FTC refund program a student had to enroll for the first time between January 1, 2008 and October 1, 2015 and meet other eligibility criteria. If you enrolled for the first time in 2007, you aren't eligible.

Why does it say on here call the administrator number to update your address if it's changed since I went to school at Devry? I called that number and the lady on the phone told me they're not updating addresses over the phone and that I have to send FTC a letter with my updated information! What the heck? I'm sending it certified mail!

Hello FTC Team, I didn't receive a debt forgiveness letter from DeVry and attended and graduated during the dates specified. How can I be sure my address information is correct. Thank you and look forward to hearing from you soon.

If you think you might be eligible, and your address has changed since you attended DeVry, you can call the FTC refund administrator at 844-578-2645 to update your address.

Ms. Small,
I am a bit confused. The balance for my DeVry loan was paid off by the FTC. Does this mean that I am not eligible for the partial refund to be mailed out by the end of the summer? Thanks in advance.

The FTC did not pay the balance of your DeVry loans.

Did you get loan forgiveness as part of the FTC's settlement with DeVry? As part of the settlement, DeVry had to forgive $30.35 million of private unpaid student loans that DeVry issued to undergraduates between September 2008 and September 2015. DeVry also had to forgive $20.25 million in student debts for items such as tuition, books and lab fees.

If you did get debt or loan forgiveness as part of this settlement, you are not eligible for a partial refund from the FTC.

I called them and they told me I am not eligible for refund since my loan is not fed loan, so my question is, does that matter where the money came from, I already paid my tuition and I will repay my loan whatever it is, they have to refund the tuition, right? I also applied for my bachelor degree 2012 and I was supposed to get my bachelor in multimedia focusing on web development, but they said I have to take Technical management and they will mention it in the certificate once I finished the program but after I finished it they gave me the bachelor in Technical management and nowhere mentioned web dev or multimedia, I just took those classes, and the adviser who convinced me to get into this program was left and nothing is documented. This is a shame!

I don't know who you called.

The FTC is providing partial refunds to students who meet the eligibility criteria listed at the top of this blog. One thing a student has to do to be eligible for the FTC refund is have paid at least $5,000 with cash, loans or military benefits. A student could have used a federal loan, or a loan from a bank or credit union or other source. The only kind of loan that is not ok is a loan from DeVry University.

A student also had to be enrolled in an Associate or Bachelor's degree program to be eligible. If you were enrolled in a certificate program, you aren't eligible for the FTC refund.

I am the parent of a student that meets all the criteria but I paid Devry with a Parent Plus Loan. Am I and/or my son eligible for a refund?

One of the four eligibility criteria is that a student must have paid at least $5,000 with cash, loans or military benefits.

If a student paid with Parent Plus Loans and/ or Stafford loans, yes,  those payments help meet the requirement that a student had to pay at least $5,000 in cash, loans or military benefits as one element of being eligible. The student is the person who has to meet the eligibility criteria.

Does the refund apply to parent plus loans paid and Stafford loans paid?

One of the four eligibility criteria is that a student must have paid at least $5,000 with cash, loans or military benefits.

If a student paid with Parent Plus Loans and/ or Stafford loans, yes,  those payments help meet the requirement that a student had to pay at least $5,000 in cash, loans or military benefits as one element of being eligible.

I enrolled In 2006 under a bachelor degree program, in 2008 I changed my program to an associates Degree program, would I be eligible as I changed my start date for a new program?

To be eligible for a FTC refund, you had to enroll in a Bachelor's or Associate’s degree program for the first time between January 1, 2008 and October 1, 2015. 

Does this also include students of Chamberlain College of Nursing graduates since my general education classes were through Devry?

No, this doesn't include students of Chamberlain College. It applies only to students of DeVry during certain time periods.

If the loans were federal loans, would I still be eligible? I meet all the requirements.

Yes, if you paid at least $5,000 with federal student loans or loans from a bank or credit union or private lending company, you could meet the qualification of having paid at least $5,000 with loans.

i have moved several times since i went to devry and am VERY eligible for a refund. the number provided here to update my address doesn't give me the option to update anything. what do i do?

I was a student from Fall 2007(ended in 2008)-Spring of 2010(ended in 2010). I fear I feel just as duped as my peers here in this so called degree I'll be paying for into well into the next decade. I've not been contacted by DeVry or anyone since the canned response from DeVry's President on 12/15 notifying me of the settled litigation with the FTC. Is there anything I can do?

They just told me that to qualify you had to enroll for the first time in Jan 2008 or later so those of us who enrolled in 2007 are just screwed.

Well that sums up my experience with DeVry. Just Screwed. I went in there after seeing their ads on TV to check out their school, they get me so hyped about how much my degree from them will help me get an awesome job and get me into a classroom right away mid year. Only now to find out had I waited until the end of the school year, as was my preference, instead of starting right away I would have be eligible for relief from this nightmare. Yup, just screwed sums it up perfectly. I thought there was some hope, I guess not.

Pages

Leave a Comment