DeVry has announced that it will be awarding 500 scholarships to students attending its seven colleges: DeVry University, Keller Graduate School of Management, Ross University, Chamberlain College of Nursing, Apollo College, Western Career College, and Fanor.  Scholarships will be awarded to adult students who are starting college or returning to college after an absence this fall.  The announcement is timed to celebrate the addition of DeVry, Inc. to the Standard & Poor's 500 stock index this week.

The awards have been dubbed "stimulus scholarships" and will be targeted to displaced workers who are returning to school for retraining.  To qualify, applicants must have lost their jobs in the last 12 months and who are starting a course at one of DeVry's schools.  DeVry will begin accepting applications for the scholarship on July 1.

This scholarship adds to the list of options returning students have if they've been laid off from their jobs.  A number of community colleges are offering local scholarships to displaced workers in their communities, in some cases waiving tuition entirely.  Other colleges and scholarship providers are also ramping up financial aid for those affected by the economic downturn, as well.  A free college scholarship search can help you find even more ways to pay for school.

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