New DeVry University Scholarship Makes Career-Oriented Higher Education More Affordable

New DeVry University Scholarship Makes Career-Oriented Higher Education More Affordable

Career Catalyst Scholarship funds up to a total of $20,000 per qualified student

DOWNERS GROVE, Ill.--(BUSINESS WIRE)-- DeVry University announced today it is offering a new scholarship, the Career Catalyst Scholarship, designed to support students along their educational journey toward graduation. The career-oriented university has set aside more than $15 million to fund the scholarship over the next three years, which will be awarded to qualifying students who enroll in the September session by Aug. 29. The scholarship value is up to a total of $20,000 per student, depending on the degree.

"DeVry University's history is rooted in making quality, career-oriented education attainable for students looking to launch or advance their careers," said David J. Pauldine, president of DeVry University. "We understand that affordability impacts attainability, which is why DeVry's new scholarship provides progressive financial support designed to help students not only begin, but also complete their degree programs."

Students qualifying for DeVry University's Career Catalyst Scholarship are eligible to receive scholarship awards of progressive amounts over a period of three years. For example, students in their first year of a bachelor's degree program can be awarded up to $5,000. During the second year, the available award may increase up to $7,000. For the third year, the award can increase up to $8,000. For additional details and to apply for the scholarship, visit DeVry.edu.

The Value of a DeVry University Education

In May, the PayScale, Inc. annual College Return on Investment (ROI) Report underscored the value of a DeVry University degree; three campuses were included among the top 100 out of 1,060 schools evaluated in the report¹. Overall, 11 DeVry University campuses ranked in the PayScale ROI Report: North Brunswick, N.J. (74); Westminster, Colo. (75); Columbus, Ohio (79); Chicago (114); Pomona, Calif. (125); Federal Way, Wash. (132); Irving, Texas (141); Phoenix (170); Kansas City, Mo. (311); Miramar, Fla. (492) and Decatur, Ga. (544).

DeVry continues to offer a best in class career outcome: In 2012, 90 percent of DeVry University graduates actively seeking employment had careers in their field within six months of graduation².

DeVry University is committed to fostering student learning through high-quality, career-oriented education integrating technology, science, business and the arts. Through undergraduate and graduate programs available onsite and online, DeVry University continues to offer accessible education that meets the needs of a diverse and geographically dispersed student population.

About DeVry University

Founded in 1931, DeVry University is one of the largest, private sector universities in North America, with more than 63,000 students enrolled in the United States and Canada. The university's mission is to foster student learning through high-quality, career-oriented education integrating technology, business, science and the arts. With more than 90 locations, DeVry University delivers practitioner-oriented undergraduate and graduate degree programs onsite and online that meet the needs of a diverse and geographically dispersed student population. Home to five colleges of study, including Business & Management, Engineering & Information Sciences, Health Sciences, Liberal Arts & Sciences, and Media Arts & Technology, DeVry University's outstanding faculty members work in the fields that they teach, providing students with real-world experiences that prepare them for high-growth careers.

DeVry University is institutionally accredited by The Higher Learning Commission of the North Central Association of Colleges and Schools, www.ncahlc.org. DeVry University, a part of DeVry Inc. (NYSE: DV, member MidCap 400 Index), is based in Downers Grove, Ill. For more information about DeVry University, find us on Twitter @DeVryUniv, Facebook /DEVRYUNIVERSITY or visit newsroom.devry.edu.

¹For information on the methodology of the PayScale 2013 College ROI Rankings report, visithttp://www.payscale.com/data-packages/college-roi-2013/methodology.

²Figure based on 2012 graduates self-reporting data to DeVry University Career Services who were employed at graduation or actively seeking employment in their field after graduation. Does not include graduates who were not actively seeking employment, as determined by DeVry University Career Services, or who did not report data on employment status to DeVry University Career Services.

MSL Chicago
Susie White, 312-861-5219
susie.white@mslgroup.com
or
DeVry University
Dan Dement, 619-618-9785
ddement@devry.edu

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