Following a thorough review of more than 25 responses to a request for proposal issued last summer, DeVry has selected Bank of America, Chase Education Finance, Citibank, Sallie Mae, Wachovia and Wells Fargo as recommended financial services providers. These institutions were chosen based on their wide range of products, the affordability of their student loans and their high level of reliability and customer service in delivering loans to students and families.

“We are pleased to significantly expand the funding options for our students, and we fully expect them to have continued access to a wide range of financing options,” said Daniel Hamburger, president and chief executive officer of DeVry Inc. “We are confident that these lenders not only provide superior products and services for our students, but also have the capacity to withstand the current credit and liquidity issues that are affecting some student loan providers.”

“We are pleased to work with DeVry to offer students an array of funding options and services to help them pay for college,” said C.E. Andrews, president of Sallie Mae. “A higher education is the investment of a lifetime, and DeVry’s focus on student outcomes and success helps students earn a return on that investment through increased employability and salary potential.”

DeVry has not seen any material impact on enrollment and expects its students to continue to have access to the funding they need to finance their education.

About the Selection Process

DeVry supports best practices reflected in codes of conduct adopted by various states relating to student lending. DeVry’s selection process was guided solely by consideration of the best interests of the students or parents who may use the list, without regard to the financial interests of DeVry. Students and their parents always have the right and ability to select the education loan provider of their choice. They are not required to use the recommended financial services providers nor will they be penalized for choosing another education loan provider.

About DeVry Inc.

DeVry Inc. (NYSE: DV) is the parent organization of DeVry University, Advanced Academics, Ross University, Chamberlain College of Nursing and Becker Professional Review. DeVry University, which includes Keller Graduate School of Management, offers associate, bachelor's and master's degree programs in technology, healthcare technology, business and management. Advanced Academics provides online secondary education to school districts throughout the U.S. Ross University offers doctoral degree programs through its schools of Medicine and Veterinary Medicine. Chamberlain College of Nursing offers associate and bachelor's degree programs in nursing. Becker Professional Review, which includes Becker CPA Review and Stalla Review for the CFA Exams, provides professional education and exam review for accounting and finance professionals.