Our audit objectives were to determine whether DeVry University completed verification of applicant data in accordance with Federal requirements and accurately reported verification results to Federal Student Aid. We found that DeVry University’s policies and procedures for verifying applicant data, reporting verification results, and disbursing Title IV funds for students selected for verification complied with Federal requirements established by Title 34 Code of Federal Regulations (C.F.R.) § 668.53. We also found that We also found that DeVry University completed verification of applicant data in accordance with Federal requirements (34 C.F.R. § 668.54 through § 668.57 and 81 Federal Register 18843-18847) and accurately reported verification results to the Central Processing System and Common Origination and Disbursement System for all 60 students included in our statistical random sample.
Naperville, IL
United States
