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DeVry Brasil’s Favip Achieves Centro Universitário Status

DeVry Brasil, a part of DeVry Education Group (NYSE:DV), today announced that one of its institutions, Faculdade Vale Ipojuca (Favip), received official notice from the Brazilian Ministry of Education and Culture (MEC) granting it Centro Universitário status. This achievement is a strong marker of quality and enables the institution to expand the number of programs it offers.

Favip will change its name from Faculdade Vale Ipojuca to Centro Universitário Vale do Ipojuca (Unifavip). Located in Caruaru, the institution currently serves 6,500 students and offers 30 undergraduate and graduate programs.

“DeVry Brasil is proud to have achieved Centro Universitário status at Unifavip,” said Carlos Alberto Filgueiras Degas, president of DeVry Brasil. “This is a tremendous accomplishment and is the direct result of the commitment to academic quality that our faculty and staff have offered students for the past 12 years.”

Degas added, “It also increases our ability to respond to local job market needs by launching new programs and increasing capacity to fulfill the demand of the region.”

MEC’s decision to elevate Unifavip took into consideration the number of recognized courses that it offers, the breadth of the institution’s programs across all areas of education, and the quality of its faculty, including contributions to scientific research and community outreach.

About DeVry Brasil

DeVry Brasil is part of DeVry Education Group, a global provider of educational services. It currently operates six educational institutions: Fanor | DeVry in Fortaleza (CE); Area1 and Ruy Barbosa, both located in Salvador (BA); FBV in Recife (PE); Unifavip | DeVry in Caruaru (PE); and Facid | DeVry in Teresina (PI). These institutions serve more than 30,000 students in 49 undergraduate programs and 29 graduate programs in the areas of business, healthcare, law, engineering and technology.

About DeVry Education Group

The purpose of DeVry Education Group is to empower its students to achieve their educational and career goals. DeVry Education Group Inc. (NYSE: DV; member S&P MidCap 400 Index) is a global provider of educational services and the parent organization of American University of the Caribbean School of Medicine, Becker Professional Education, Carrington College, Carrington College California, Chamberlain College of Nursing, DeVry Brasil, DeVry University, Ross University School of Medicine and Ross University School of Veterinary Medicine. These institutions offer a wide array of programs in business, technology, accounting, finance and healthcare. For more information, please call 630-353-3800 or visit www.devryeducationgroup.com.

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