News

Ross Parent Organization Announces Acquisition of American University of the Caribbean

08/04/11

NORTH BRUNSWICK, NJ—August 4, 2011—Ross University’s parent organization, DeVry Inc., today announced it has acquired American University of the Caribbean (AUC). AUC’s medical school campus is located in St. Maarten, and its administrative offices are located in Coral Gables, FL. The acquisition of AUC is consistent with DeVry's diversification strategy, increasing its presence in high-quality medical and healthcare education and expanding its academic offerings at the post-baccalaureate level. AUC’s total enrollment is approximately 1,000 students. DeVry was attracted to AUC because of its highly regarded faculty, commitment to academic excellence and accomplished network of alumni. In addition, AUC has strong partnerships with residency placement hospitals across the United States.

Since 1978, AUC has provided its students with high-quality medical education, and has more than 4,000 graduates who are licensed and practicing medicine throughout the world. The School is accredited by the Accreditation Commission on Colleges of Medicine (ACCM), and its students are eligible to sit for the United States Medical Licensing Exam (USMLE), obtain US Federal Financial Aid if qualified, become active members of the American Medical Student Association (AMSA) and—upon graduation—obtain residency and licensure throughout the United States. AUC is one of only three international medical schools whose students are eligible to receive federal student aid. AUC utilizes the same curriculum as US medical schools, with two years of basic sciences taught at the St. Maarten campus, followed by two years of clinical sciences taught at affiliated hospitals in the United States and England. AUC graduates are eligible to practice medicine in all 50 States.

 “AUC’s high-quality curriculum, faculty and facilities provide us the perfect opportunity to further expand our doctoral program offerings in this high demand field. The combination of DeVry and AUC is strategically compelling and will deliver significant benefits to students and employees. In concert with our other medical school, Ross University School of Medicine, DeVry will continue to be the leader in international medical education and the only publicly-held education provider that operates medical schools,” said Daniel Hamburger, DeVry's president and chief executive officer.

There is a significant unmet demand in the United States for well-trained, licensed physicians. Demographic trends point to accelerating demand for doctors in the coming years as the aging Baby Boomers require greater healthcare services. Ninety percent of AUC’s students are US citizens. AUC’s culture is highly compatible with DeVry, characterized by a commitment to strong student outcomes, program quality and regulatory integrity.

“We welcome AUC’s employees as the newest members of the DeVry family, and will work closely with them as we continue to deliver high-quality educational programs,” said Bill Hughson, president of DeVry Inc.’s Healthcare Group. “We intend to leverage organizational synergies and best practices from across our family of educational institutions. We are excited about the opportunities that AUC provides to the Healthcare Group and we look forward to working with AUC faculty and staff, clinical partners the government of St. Maarten and the ACCM in the near future.”

"We are very pleased to be joining the DeVry family," said Yife Tien, chancellor of AUC. “DeVry is renowned for quality education and their commitment to their students. I know AUC will continue to thrive under their leadership. This combination truly positions the institution for continued prosperity and growth for decades to come."

About American University of the Caribbean
Since 1978 American University of the Caribbean School of Medicine (AUC) has provided students with quality medical education and has over 4,000 graduates who are licensed and practicing medicine throughout the world. AUC is committed to providing a high-quality, internationally recognized program of medical education. AUC is fully accredited by the Accreditation Commission on Colleges of Medicine (ACCM). AUC students are eligible to sit for the USMLE, obtain U.S. Federal Financial Aid if qualified, become active members of the American Medical Student Association (AMSA) and, upon graduation, obtain residency and licensure throughout the United States. AUC’s curriculum is the U.S. medical school model, with two years of medical sciences taught at the St. Maarten campus, followed by two years of clinical sciences taught at affiliated hospitals in the United States and England.

About Ross University School of Medicine
Ross University School of Medicine was founded in 1978 and is a provider of medical education offering a doctor of medicine degree program. Students begin their foundational studies in Dominica, West Indies, and complete their clinical training in teaching hospitals throughout the United States.  The School of Medicine places more graduates into US residencies annually than any other medical school in the world

Ross University’s administrative offices are located in North Brunswick, NJ. For more information about Ross University, visit www.RossU.edu or call 732.509.4600/877.ROSS.EDU.