DeVry University has announced it is offering a DeVry University Scholarship and Grant for new and readmitted undergraduate students. The merit-based award is designed to give qualified students an opportunity to be rewarded for their academic performance as they make their way to graduation. Initial awards are based on a student's incoming grade point average, with subsequent awards determined annually based on the student's cumulative GPA. Eligible students can receive up to $25,000 in lifetime award funding for bachelor's degree students and up to a $12,500 lifetime award cap for associate degree students. The university has earmarked $65 million in scholarship awards for the 2015-2016 academic year. "Since our founding in 1931, DeVry University has been focused on students' success," said Robert Paul, president of DeVry University. "We know that college affordability affects degree attainability, so we are proud to provide financial support that helps students not only begin but also complete their degree programs." For additional details and to apply for the scholarship, visit http://www.devry.edu/financial-aid/scholarships.html. About DeVry University DeVry University's mission is to foster student learning through high-quality, career-oriented education integrating technology, business, science and the arts. Founded in 1931, the university offers undergraduate and graduate degree programs onsite and online within its five distinguished colleges of study: Business & Management, Engineering & Information Sciences, Health Sciences, Liberal Arts & Sciences, and Media Arts & Technology. The university is accredited by The Higher Learning Commission (HLC, www.hlcommission.org). Its highly credentialed faculty members have experience in the fields that they teach, providing real-world experiences designed to prepare students for in-demand careers. With locations across the U.S., DeVry University is one of the largest private-sector universities in North America. The university is a part of DeVry Education Group (NYSE:DV), a global provider of educational services.