UPDATE 1-DeVry posts higher Q4 profit

* Q4 shr $0.51 vs yr-ago shr $0.34

* Q4 revenue up 43 pct

* Enrollment at Chamberlain College of Nursing up 78 pct

Aug 13 (Reuters) - U.S. education company DeVry Inc (DV.N) posted a 51 percent rise in quarterly profit, driven by strong enrollment growth, particularly at its Chamberlain College of Nursing.

For the fourth quarter ended June 30, the company posted a profit of $37.0 million, or 51 cents a share, compared with $24.6 million, or 34 cents a share, a year earlier.

Revenue rose 43 percent to $396.2 million.

The latest quarter's results reflect the impact of the acquisition of U.S. Education, which includes Apollo College and Western Career College, and a $4.9 million reserve for a litigation settlement.

Analysts on average were expecting earnings of 51 cents a share, before special items, on revenue of $377.1 million, according to Reuters Estimates.

Total student enrollment at DeVry's Chamberlain College of Nursing grew 78 percent to 4,302 students in the quarter.

DeVry, which runs Ross University, Chamberlain College of Nursing and other programs, now gets about a third of its revenue from healthcare education.

Shares of the Illinois-based company closed at $52.01 Thursday on the New York Stock Exchange. (Reporting by Amulya Nagaraj in Bangalore; Editing by Anne Pallivathuckal)