Former Devry students to get part of $49M settlement

Former Devry students to get part of $49M settlement
Posted at 3:59 PM, Jul 05, 2017
and last updated 2017-07-05 13:00:07-04

(RNN) - A settlement with DeVry University is resulting in the mailing of 173,000 refund checks worth more than $49 million to some former students. 

The Federal Trade Commission, which started mailing the checks Wednesday, said in a news release the students must have attended the school between 2008 and 2015.

To get a refund, a person must meet four criteria, including having enrolled for the first time in a bachelor’s or associate’s degree program at DeVry University between Jan. 1, 2008, and Oct. 1, 2015.

Those getting refunds must have paid at least $5,000 with cash, loans or military benefits; must not have gotten debt or loan forgiveness as part of the settlement; and must have completed at least one class credit. 

The refund checks will come from Analytics Consulting and will expire 60 days after they were mailed. 

If you are eligible for a refund and have questions, the FTC says, contact Analytics Consulting at 844-578-2645.

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