Answer: False
Explanation: Dermal papillae are indeed structures found in the skin, but they are located at the border between the epidermis and the dermis, not between the dermis and the hypodermis. These papillae play a crucial role in the formation of fingerprints, but they do not extend into the hypodermis. The hypodermis, also known as the subcutaneous layer, is the deepest layer of the skin and is primarily composed of fat and connective tissue. The ridges that form fingerprints are created by the interaction between the dermal papillae and the epidermis, not the hypodermis.