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DeVry Inc. Announces Second-Quarter 2013 Results

Stocks in this article: DV

The total number of online undergraduate and graduate coursetakers in the November session decreased 11.7 percent to 62,899 versus 71,255 in the same session a year ago. For January, total online coursetakers decreased 9.9 percent to 67,983 versus 75,487.

Medical and Healthcare Segment

DeVry Medical International

In the January 2013 term for DeVry Medical International, new students increased 0.3 percent to 603 compared to 601 students for prior year session. Total students increased 4.9 percent to 6,318 compared to 6,024 students in the same session last year. Ross University School of Medicine recently received a 5-year reaccreditation from the Dominica Medical Board. Expansion of American University of the Caribbean School of Medicine’s campus continues with a new academic building under construction. Completion is scheduled for fall 2013.

Chamberlain College of Nursing

Chamberlain's new student enrollment in the November session increased 13.5 percent to 2,121 students as compared to 1,868 in November 2011. Total student enrollment increased 15.3 percent to 12,247 students compared with 10,619 during the same period last year.

For the January session, new student enrollment increased 87.8 percent to 2,120 students, compared to 1,129 in January 2012. New student enrollment was positively impacted by a change to the academic calendar that increased the number of enrollment periods for campus-based students this fiscal year. There were no campus based new student enrollments in the January 2012 session. Chamberlain also experienced record enrollment in its RN to BSN and Master of Science in Nursing degree programs in the January 2013 session. Total student enrollment rose 26.0 percent to 13,714 students compared with 10,888 in the previous year.

During the quarter, the Sigma Theta Tau International and Chamberlain College of Nursing Center for Excellence in Nursing Education was established. This partnership with the honor society of nursing will provide career and leadership development for nurse educators, and develop programs to promote nursing education globally.

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