ANNUAL REPORT. 2 0 1 2 .

”“

CARMEN MERCADO Class of 2013, Technical Management Program

The DeVry University Education Fund scholarship helped me pay my tuition, encouraged me to keep a good grade point average and enabled me to achieve my educational goals. I’m thankful for that.

Tom BabelChairman DeVry University Education Fund

On behalf of the DeVry University Education Fund Board of Directors, I am pleased to present the Fund’s inaugural Annual Report. Going through the pages of this report, you will see how the Education Fund supports our students through scholarships. Through the generosity of our many donors and supporters, students who need this support more than ever can continue to pursue their academic and career goals. Because of our contributors, the Education Fund is having a positive impact on the lives of our students.

This past year was full of “firsts” for the Education Fund. In 2012, the Fund surpassed the $1 million mark in funds received. Also in 2012, the Education Fund awarded a record $123,000 in scholarships, made possible in part by new fundraising opportunities. As an example, our inaugural golf outing was attended by many corporate partners of DeVry University and raised over $200,000, which will fund future scholarships. This past year also saw a record number of scholarship registrations, applications and awards issued to students. In addition, the Board agreed to expand its membership; new members are slated to join the Board and contribute their insights to help further the mission of the Education Fund.

As our world continues to be more interdependent, the need for a solid education becomes more evident. Through the generous support of DeVry colleagues, alumni and other partners, students who demonstrate need and academic achievement can be granted assistance. The Education Fund provides the opportunity for students to focus squarely on improving their lives — and the lives of their families — through the power of education.

Thank you for supporting our efforts to grow the Education Fund and foster student success. ”

Front cover: Mariana Sandoval, Class of 2013, Business Administration Program

Jim HartwigNetwork and CommunicationsManagement Consultant

Meg MacFarlaneRetired Motorola Executive

Don Morris, Esq.Of Counsel, Mayer Brown LLP

Board members:

The DeVry University Education Fund is a 501(c)(3) organization that strives to keep education within reach by providing financial support in the form of

scholarships to DeVry University students.

To provide scholarships to continuing students, especially those with both great financial need and successful academic track records, the DeVry University Education Fund was established in 2000. The Fund is a not-for-profit organization that operates in concert with, but as a separate entity from, DeVry University.

Although DeVry University provides scholarships, loans and grants, many students still need financial assistance. The Education Fund strives to help students bridge this financial gap.

Education Fund scholarships are awarded to current DeVry University and Keller Graduate School of Management students. Many of these students, in spite of facing the challenges of dynamic personal situations and complex schedules, continue their

BACKGROUNDeducation to advance their professional ambitions. The Education Fund supports student success by helping qualified students achieve a higher education and invest in a better future.

The DeVry University Education Fund awards both restricted and unrestricted scholarships. Restricted scholarships are made possible through substantial donations from corporate partners, alumni and DeVry colleagues who may choose to start a named fund to memorialize a friend or loved one. Restricted scholarships may be allocated for students at specific campuses or in certain degree programs.

Unrestricted scholarships are based on funds received from donors and are awarded to qualifying candidates throughout the University regardless of program of study, location or other specific criteria.

“”

The DeVry University Education Fund was essential to my personal growth, and more importantly, it gave me the opportunity to show my daughter the true value of higher education.

DAVID KRYZAK Class of 2012, Multimedia Design & Development Program

“ ”The scholarship inspired me to finish school and gave me the confidence to know that wherever I set my dreams, reality would follow.

VANESSA RISPERClass of 2012, Health Information Technology Program

The DeVry University Education Fund celebrated a number of notable successes in 2012: the creation of the Fund’s website, a record number of scholarship applications and scholarship awards totaling $123,000.

DeVry University Education Fund WebsiteThis past year, the Fund launched a new website, www.DeVryUniversityEducationFund.org, which provides a single access point and source of information for students and prospective donors. Visitors can make a donation, apply for scholarships or submit questions to the Education Fund staff. The site, which is updated quarterly, also features recognition and expressions of gratitude to contributors, provides highlights of activities and honors scholarship recipients.

Scholarship Application AutomationIn 2012, an online scholarship tracking and reporting system was launched, allowing a more efficient process for student applicants and the Education Fund’s administrative staff. This web-based system provides the opportunity for applicants to readily identify available scholarships, and to complete and submit applications electronically. Administratively, all applications in 2012 were processed, reviewed and scored online.

HIGHLIGHTSScholarship AwardsApplications for Fund scholarships were accepted December 1, 2011 through February 15, 2012. Communications to all eligible students were distributed several times throughout the application period. The result was an unprecedented number of registrations and applications. In all, 4,734 registrations and 998 applications were received. The abundance of qualified applicants resulted in all 93 scholarships being awarded, at a value of $123,000.

Scholarships Issued and Year-End Balance

$800,000

$600,000

$400,000

$200,000

2001 2004 2007 2010 2012

DUEF SCHOLARSHIPS ISSUED* DUEF YEAR-END BALANCE

*scholarships issued in subsequent calendar year

Sources of Contributions· Alumni and Family/Friends of Alumni

· Corporate Partners

· DeVry Colleagues and DeVry University Match

· Outside Leaders and Others

· Grants and Foundations (future plans)

Contributions in 2012

The Education Fund expanded fundraising efforts to engage corporate partners and DeVry colleagues in 2012. These efforts proved highly successful in obtaining funds to further assist students. As a result, the December 31, 2012 year-end fund balance increased 62 percent from the prior year, with the largest growth reflected in contributions from corporate partners and DeVry colleagues.

CONTRIBUTIONSAs a way to enhance support from our corporate partners, the Fund launched its inaugural golf outing fundraiser in 2012. Held at Hinsdale Golf Club in Clarendon Hills, Illinois, this event provided an opportunity for our corporate partners to enjoy a day with DeVry senior leadership. The event resulted in a net contribution to the Education Fund of more than $200,000. Due to its success, this event is planned to occur on an annual basis.

In addition, DeVry colleagues across the country embodied the desire to help students through expanded support of the Education Fund. The results of the colleague participation program and employee payroll deduction contributions to the Education Fund in 2012 reflected tremendous growth and commitment. Colleague participation grew more than 1,000 percent from 2011. At the end of 2012, 9.9 percent of DeVry University colleagues were participants in this program. DeVry University matches colleague donations up to $100,000 each calendar year. In 2012, more than 500 colleagues participated in the Education Fund, contributing $52,504.

Historical Sources of Contributions

ALUMNI & FRIENDS

CORPORATE PARTNERS

DEVRY COLLEAGUES & DVU MATCH

OTHER

ALUMNI & FRIENDS

CORPORATE PARTNERS

DEVRY COLLEAGUES & DVU MATCH

OTHER

2001 2004 2007 2010 2012

$400,000

$300,000

$200,000

$100,000

“ ”KINZA SKINNERClass of 2013, Technical Management Program

I look forward to the day when I’ll be able to help those who are less fortunate…to show struggling communities that there’s a path to real opportunity.

Christine AdamsMichelle AdkinsMario AlvaradoWendy AndersonAdenor Aragao-FilhoDominic ArcaroliLaTonya ArmstrongSemmie AsratTom BabelDenise BabiczAndrielle BaggettDevona BarnesCaree BashJim BassiIvan BaublitzAmanda BellinoSusan BenRunez BenderJulia BennettMichael BennettZachary BensonPaul BierbauerNicole BirdJohn BirminghamKelley BlairCraig BlanchfieldPhillip BlasJonathon BlauveltMarzena BlizniukAlbert BoderoHeidi BognerRichard BollingerThrese BonnanRichard BorowiakLa Barron BoudreauxBritt BoweMelody BowlesTina BoydKimberly BrandtKevin BrankinWilliam BransonJames BrintnallStephanie BronskyJames BrooksAmala BrownMarie BrownMatthew BrownSteven BrownLori Bryant

Sandy BundyRobert BungeNicole BurchMax & JoAnne BurrisVicki BynonMaria CaballeroJennifer CadmanKayme CanaiiJoseph CantoniF. Caruso Jr.Kelly CavanaghJim CecalaJennifer ChadwellDavid ChampionStarr ChapmanMichael ChaseChristopher ChavezAbour CherifShingai ChigwedereCheryl ChisholmKen ChoRon CimoZandra ClevertEugene CoitTracey ColyerKiiva CopelandJoseph CoppolaBarry CrawfordVincent CrivelloneTamara CrossMichael CubbinAntoinette CuppariDaniel CurryLaura DagysPamela DalyMichele DanzaSharon DardenUdayan DasMichael De PaceEmily DeanMatthew DearsmanCathy DeesKeely DenenbergCarol DietrichJack DishmanShaheed DiwanMajeda D’RozarioMary DuBoiseJames Dugan

Patricia DuncanAmy EdwardsKenya EdwardsWilliam EdwardsAmber EidsonLawrence EisenbergCarole EldridgeReda EliasJames EmrathPatricia EntesariLee EricksonLisa EricksonRoberta FaganLana FahoumAbbigail FazioGlenn FerdmanJesus FernandezYessenia FigueroaRyan FisselJohn & Kathryn FitchHeather FlynnDiane FolliardStephen FordCarolyn FranklinLloyd FraserSusan FriedbergDennis FultonJacquelin GalbraithAmber GarciaEsmeralda GarciaSteven GarnicaMelissa Gawlik-StadtDiane GaylorAmanda GeistJunior GentlesRoseann GeorgeScott GessfordRaouf GhattasJohn GibbonsAnn GilbertJason GlaserClarence GlennMartin GloegeLetroy GloverAna GlowaSean GneccoLasharita GoldenMaritza GomezLarelle Gonzales

Kerry GoodKim GrableLynne GreenChris GrevesenTanya GriffinDaniel GrigolettiJoshua GrinsteadJennifer GrohJulia GrovesAnn GrubeElvin HackerJulie HagemannChristine HalseyDaniel HamburgerMary HanoverKathy HarmonBianca HarrisCarl HarrisAmy HarthJames HartmanJim HartwigFelicia HaslomMiriam HassanRenee HeiderDeborah HelmanSusan HenningMichael HensonGiselda HernandezKate HernandezSonia HernandezBruce HerniterPaula HerringBronze HillEdwin HillConstance HillgardJames HinkelCherie Hogan-JacksonBarbara Anna HolalMischelle HoltCindy HoltzMichael HorinaFatemeh HosseiniMary HoytJamie HrobowskiLaTonya HughesRobert HulmeDonald IngramMatthew InmanAlan Insley

We would like to thank all those who contributed to the Education Fund in 2012.Without their support, the opportunity to provide students with scholarship assistance would not have been possible.

Private Donors

Christopher IontaLinda IsabelSusan IshiiDerrick JacksonRalphine JamesJean JaneriPhillip JaneteasJacob JarvisJamie JaynesElizabeth JendralAndrew JeonMichael JerrowLovise JilesNancy JohnsonTracy JohnsonAdena & Eric JohnstonAnnie JonesKrystyna KalataMichael KalkaPaul KanalasKim KaneKisha KeeneyRyan KellyRobert KenmoreRobin KesslerJoseph KeumMuhammad KhanAlexis KingJamie KingJudith KingKathleen KneelandClyde KnightMarlee KobzejMarie KohlerJennifer KolarElizabeth KolibaCaroline KrokRobert KropidoskiEwa KrynskiKarin KushinoChelsey KuzykTammy KyriakopoulosSusann KyriazopoulosNancy LaChanceFolorunso LadipoYuk Kwan LaiBeth LaMastersKaren LapkaCaterina LarucciShellie LawsJohn Lawson-BradfieldMichael LazowskiPauline LeeGarth LengelChristine LewinskiRosa Lopes-WhiteheadJill LopezJoanna LopezDonna LoraineCynthia Lorraine-PaskeDonna Lue HingLeslie-Ann LukomaBlerim LumaniCherryl LurtsemaMeg MacFarlaneCheri MaeaDaniel MannoAshley MarkleyAaron MarshallJohn MartinKimberley MartinKal MassadAnnette MatherWilliam MathiasRonald MathisKelley Mauk

Vicki MayRebecca McAlisterKay McCabeRegina McCaryAmy MccoyKathleen McCulloughEdward McDermottCaryn McFerrenDyan McIntireBrett McKameyRenee McNeilWilliam McNelisKaren MeansRichard MeermanMarissa MendezLorene MendicinoMelissa MeridaMichael MerrimanPatricia MeyerDeena MiersMichael MilfordLindsay MillerMary MillerickMokhtar MofidiSumaiya MohiuddinRichard MonbrodAmber MooreCarrie MooreFrancis MooreDavid MordiniJenny MorganJoana MorganDon MorrisDouglas MorseSusan MossGreg MrofczaPolly MurphyDanielle NagelEileen NanceJill NelsonJames NerisonLaura NewmanJennie NguyenSheryl NicholsDarlene NortonJoan NurseJohn-Deane NwaforDonald Oblazney Jr.David OcampoRosaura OchoaTerrell OdomDouglas OffuttJoseph OliverJason OlsenMedeina O’NealDeborah OpieErika OrrisVanessa OrtegaSandy OverlinRuth PachecoDarryl PadgettJoshua PadronTeresa PageCyndy PalmerGlenn PalmerRobert PandelSteven PappageorgeRobert PauerDavid PauldineCourtney PaytonJames PeacockKate PelchatReed PendletonDavid PhippsCarmencita PileSue Polz

Todd PombertVeerendra PonduriPeter PowellElisabeth PowerNicholas PowersDharamvir PrasherDeb PrestonAllyson PriceJanice PriestJared PughKathy PurvisJohn RaceRuben RamosMarcus RascoKazi RashedMeghan RaverSrimannarayana RavinutalaRosemary ReardonJohanna RebmanRajasekhara ReddyCheryl ReyesIsaiah RichardsonSteve RiehsJames RielleyJohn RobinsonMarquettia RobinsonTimothy RodgersDebra RodriguezAaron RogersShyvonne RogersJason RossiRaymond RothlisbergerThomas RyanSarah SagaroSunil SamantaSandra SanchezC. SandersConsuela SandersPhenesha SandersDena SandyTiana SantosNugroho SantosoMohamad SaouliRobert SarvisPatricia SawyerPenny SchaferPenny ScheidTimothy SchneiderTravis ScruggsNils SedwickAdrian ShapiroKenneth ShemanskePeter ShermanNicole ShillingfordSamina SiddiqiDelesia SilvaDaniel SimonMadeleine SlutskyAntwan SmartEmily SmithStanley SmithCarolyn SnyderEvelyn SotoDebbie SpearRaymond St. PierreJohn J. StachniakDiana StavinohaAlbert StefurakWilliam StephensMaeghan StewartMichelle StippRobert StockdaleJamie StoikMicah StoneStanley StoutDavid Stowe

Phyllis StoweYolande StringfellowAmanda StrombeckSimon SultanaAshleigh SuttonCharisa SuttonMohammed TaherStephen TarnoczyCurtis TaylorSteven TempleTanya TerrellCharles TerryCatherine ThomasCharles ThompsonJames ThorpeTammra TomaikoKathrine Henson-Mack TormosMichael TownsleyTanika TravisMelinda TrempusBrad TrnavskyElizabeth TrueloveJerome TuislMarquita TurnerKim ValenciaStacey ValuchMark Van DaeleJaime Van DeventerMichael VasilouGeorge VazanellisWilliam VeberMaria VillalonChristopher VockKaralyn VoelknerKirsten VogeleyRuss WalkerSandra WalkerCathy WarnerLloyd Washington IIIKelly WasilevichAdele WebbStacey WeinsteinValori WeinsteinSharon WellingtonAshley WellsHampton WhatleyKaren WherryAmber WhisenhuntWarren WhiteDawn WhitingDianna WigginsSean WigginsBruce WilliamsJeffrey WilliamsChivas WilsonSue WinfieldCharles WisemanMadhulika WishardLaura WisniewskiLisa WolfeMichelle Mercurio WoodcoxStephanie WoodsonJulia WoodwardSean WrightMaria WrobelJanet WynnChoo YajPao YangMary YohoJoseph YorkRobert ZacnyNicole ZaperGina ZapparielloMary Zoch

Corporate Partners and Donors

For further information regarding the

DeVry University Education Fund, please contact:

John J. StachniakNational Director, Alumni Relations630-515-5485jstachniak@devry.edu

© 2013 DeVry Educational Development Corp. All rights reserved.

AcademixDirect

A.H. Management Group

Alumni Association of DeVry University

Automated Information Systems

Burwood Group

Campus Explorer

Canon Business Services

CareerBuilder

CDW Group

Cisco

Clune Construction Company

CollegeBound Network

Delta Initiative

DeVry University

DowLohnes Government Strategies, LLC

Exclaim

Follett Higher Education Group

Google

Henricksen

Hewlett-Packard

InsideTrack

Interior Architects

Interior Construction Group, Inc.

Leo Burnett

Liberty Mutual Insurance

McAfee

Monster

MSL Chicago

Newmark Grubb Knight Frank

Panduit

Perceptive Software

PNC Bank

Pro Star

Radicle

Remilon

Salesforce.com

Schlumberger

Seyfarth Shaw LLP

Sigma Systems

TARGUSinfo

Technotribe

UPS

Wilson Elser Moskowitz Edelman & Dicker LLP

Ron CimoSenior Manager 630-515-3100rcimo@devry.edu