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Please be aware that accepting this payment does not prevent you from seeking other relief that may be available under federal or state law, such as a borrower defense claim. In reply to I applied for the fedund a by Kefentse Kowan. Apply @ https://studentaid.gov/borrower-defense/ Important Information Regarding Borrower Defense Settlement for Devry Search. Theme: News Live by Themeansar. We enforce federal competition and consumer protection laws that prevent anticompetitive, deceptive, and unfair business practices. needed at this time I got this email to after I had already deposited the check. Please be aware that accepting this payment does not prevent you from seeking other relief that may be available under federal or state law, such as a borrower defense claim. The Education Department announced a $24 million recoupment effort against DeVry University. Before sharing sensitive information, make sure youre on a federal government site. 1-833-913-4211. If you already got a refund from the FTCs DeVry settlement fund, you can still apply for federal loan discharge from ED. You'll want to quickly identify which you fall into. All Rights Reserved. DeVry University is authorized for operation as a postsecondary . It also orders the school to follow many good-governance procedures. DeVry University is still operating and enrolling students but is no longer a public company as of 2018. . In 2016, the Federal Trade Commission settled with DeVry over similar claims. We wont post off-topic comments, repeated identical comments, or comments that include sales pitches or promotions. DeVry has also agreed to provide certain career counseling services to class members who graduated from DeVry but did not obtain a job in their field within six months of graduation. The Education Department has approved borrower defense claims filed by former DeVry University students, granting nearly $72 million in discharges. But the company is defiant and is appealing the FTCs decision to settle the lawsuit. The school has a history of misleading students with misleading advertisements and has recently settled with the Federal Trade Commission. If you attended DeVry University and haven't submitted a borrower defense claim. May 5, 2022. Class members choose between receiving the $45 voucher towards a future purchase or a check for $35. If any such Class Member receiving relief under this Paragraph IV.A previously received a Form Denial Notice, the provision of Full Settlement Relief will be deemed to rescind that Form Denial Notice." If your loans are included in this settlement, you will be notified "no later than 90 calendar days after the Effective Date.