DeVry refund update

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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 attended DeVry between 2012 - 2014 and graduated with my Bachelors degree. I have a private DeVry loan that I pay back to every month through University Accounting Service, however no one has contacted me... Do I need to call DeVry directly?

We're getting information to answer your question. Could you check back on Wednesday? Thanks.

I went to DeVry July 2009-January 2010.I paid $359.16 for books and I have proof. I wanted to know will I get my money back.

The FTC plans to mail checks before the end of the summer to people who did all these things:

  • 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.

If you did not do these things, you are not eligible for a refund.

I was in a master's program, but did pay with loans.

So if i understand this correctly, Since I'm still in school and started in 2014 I qualify for the refund correct? I have taken out nothing but federal loans to pay for my tuition.

Would we know by now if we were getting student loan forgiveness? I attended and graduated from Devry between 2009-2012. I paid with loans through what is now Navient. I received a few email from Devry about the settlement but it did not say whether or not I was actually receiving one. Is there anyway to check if my name is on this list?

The FTC settlement with DeVry required DeVry University to forgive and cancel the entire unpaid balance of certain private student loans and cancel $20.25 million in debts students owed to DeVry University for things like tuition, books and lab fees. Students who were eligible for loan and debt forgiveness should have gotten notice from DeVry in January 2016.

The FTC is not providing loan forgiveness. The FTC is providing partial refunds to some students who meet the eligibility criteria listed at the top of this blog.

What if your address has changed. How else would you have been notified if your loan debt was forgiven?

As a result of the settlement, DeVry forgave some students' loans and debts. DeVry should have contacted students who were eligible for loan and debt forgiveness by the end of January 2017.

I have not received an email or letter from DeVry, but graduated from there in 2014. I'm in the military and have moved twice since graduating from there. How do I verify DeVry has my correct information on file?

I too attended classes at DeVry around 2014 thru 2015. I have not yet received any email or notification about loan / debt forgiveness from them. How do we find out from DeVry or FTC if we can get a refund?

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.

Bridget,

Any updates as to when the refunds will go out?

Let's get real... 49.4 million dollars divided among all students who would have enrolled between 2008 and 2015... What can you possibly expect... I know we all went to DeVry, so that already kinda says it all, but let's at least try to be smart... We'll still owe tons of student loans at the end of the summer... Every little bit helps, for sure, but don't expect anything but very little bit!

I went to devry in 2011 to 2013 and Iwas getting my Bachelor Degree, does that means I in that category.

If you enrolled at DeVry for the first time between January 1, 2008 and October 1, 2015 and meet the other qualifications you should be eligible for a refund.

Bridget Small...In your comment, you say enrolled for the first time, in any other statement I have seen; this is not stated. So, if I went to Devry in 2000 for my associates then went back in 2007-2011 for my bachelors; I don't qualify? If so, how is this fair?

To be eligible for an FTC refund, a student had to enroll  for the first time in a bachelor’s or associate’s degree program at DeVry University between January 1, 2008 and October 1, 2015, and meet other eligibility criteria.

To be eligible for an FTC refund, a student had to enroll  for the first time in a bachelor’s or associate’s degree program at DeVry University between January 1, 2008 and October 1, 2015, and meet other eligibility criteria.

Seems like I should qualify for a refund, how will I be notified?

I agree while you attended back in 2000, i was within the scope from 2006-2010, and i don't even get compensated, and i too was promised that they would help me get a job, but here i am 7 yrs later a bachelor's degree with debt and nojob. I didnt even get a internship. I don't care about refund, but at least having my loan forgiven for false advertisement would be nice. DEVRY NEEDS TO RETHINK THIS THROUGH! OR WHOEVER!

When would these refunds start? I meet all requirements and have moved but have put my new address on the Devry website before graduating this past December.

I went to devry between those years how will I know if I am receiving anything back and what percentage would it be. Should I call someone. Thanks

This is What I got a response from DeVry University. Is this true? DeVry Loan will be impacted of this cancellation.

Thank you for contacting University Accounting Service. We apologize for any delay with responding to your inquiry. Please see the below regarding DeVry settlement

DeVry™s settlement with the Federal Trade Commission (FTC) doesn't impact any federal loans. So, no account that UAS is billing is impacted.
DeVry paid its settlement to the FTC. The FTC will handle any repayments to appropriate students.
For more information, you may visit ftc.gov/devry or call 844-578-2645.
If we can be of further assistance, please call our office at 800-999-6227. Representatives are available weekdays from 7 a.m. to 5 p.m. CST.
Sincerely, Borrower Relations University Accounting Service, LLC.

My son meets all the criteria (From 2008 to 2013). He was never able to get a job in the field and is still unemployed. In any event, what is the percentage he will likely receive. He has paid approximately $60,000 out of pocket and owes an additional $8,000.

Bridget Small I am a little upset that to be eligible your tuition has to be a min 5000 where my tuition was under 5000 and I am not eligible and I think that is not right. Regardless of what amount my tuition is I should still be eligible. So all the people that tuition is not a min of 5000 is not eligible. I believe the FTC should refund all students that are eligible based on that timeframe when they were enrolled there. I am veteran and this is not acceptable. We got misled to go to Devry and not you say even though you went there you are not eligible based on your tuition amount. I believe we need to be compensated and not abused. This is not right

Hi Bridget, I had my devry loan forgiven. Will i still be part of the refund? I have almost 100,000 in loans.it stated the refumd is for thos that did not receive debt forgiveness is that true.

If you already got debt or loan forgiveness as part of the FTC's settlement with DeVry, you are not eligible for a FTC refund.

Did you have your loan forgiven through the FTC settlement or borrowers defense?

how did you get your loans forgiven?

Is there an official or tenative date when letters/refunds will be mailed to those eligible?

I attended DeVry from September 2008 to January 2012. I have not heard anything from anyone about a refund. DeVry used deceptive practices to get me signed up and in debt.

Call the FTC number and press 0 to speak with an agent. They have a list of people who are getting refunds.

Which number did you cal to get this list? I called the FTC number and it only allows a voicemail

Which number did you cal to get this list? I called the FTC number and it only allows a voicemail

You have to call the FTC before 5pm. Soon as the automated info comes on press 0.

5pm what time? Central? Pacific? Mountain?

If I only got back (1) penny...it would symbolize our Government was in this to fully protect the consumer.

I'll be waiting for a check.

You and me both. I'm very curious as to what percentage will be refunded....

Are students that attended DeVry's Keller Graduate School of Management excluded from the partial refund? If so, why are they being excluded?

The settlement does not apply to students of Keller Graduate School. The settlement applies only to DeVry University graduates, as the ads at issue only included claims about DeVry University graduates.

Just to let you guys know, Devry is still playing games and I was told by a Devry Student Finance Rep last month that Devry had finished paying all students and removing Devry Student loans from student's accounts and whomever had a balance will have to pay it. They also said that if a person had federal student loans they do not qualify even if they had a Devry loan as well, speaking of those who meet the eligibility criteria. Well my Devry loan is still on my account, they are trying to tell me it is not a Devry Loan when the Loan Agreement shows Devry as the lender. I am going to report them. They are sending collection letters to my home after I sent a letter to the collection company and the loan agreement to show that the loan qualified to be forgiven. Their response was to send it to another collection company. I have nothing good to say about this Institution besides, they are greedy liars. I attended from 2010-2015 graduated in 2015, but for some reason they are pretending that they are not aware of the FTC's and lawsuits noted eligibility.

Please report this to the FTC at FTC.gov/complaint. The information you give will go into a secure database the FTC uses for investigations.

Thank you Ms. Small, I will!

RoShawn, We're getting some information to answer your question. Could you check back on Wednesday? Thanks.

Yes, agree they are still up to their games. I just graduated from Keller School of Management and the same people that are used for DeVry University are used for Keller School of Management. I have already filed a claim with the FTC, but my student aid did not cover my last term and I have been given the run around because no one has the answer becides the SSA at the school is not calling me back. I don't think a 12000 dollar loan can be used for 2 terms and then its done.

The loan you refer to is likely a Perkins loan, a federal loan, which was not part of the loan cancellation program. Refer to the FTC as to whether you qualifiy for a partial refund for other monies paid.

I've never read any where in the eligibility criteria that you had to be a graduate. It only states the dates you had to be enrolled.

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