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Universal Technical Institute, Inc.

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Dallas/Fort Worth-Area Automotive Dealerships Offer Financial Incentives to Entice Graduates, Fill Entry-Level Positions


Across the nation, nine of the 10 largest national auto dealership groups are participating in Universal Technical Institute’s Tuition Reimbursement and Incentive Programs (TRIP) to attract qualified candidates while helping UTI graduates offset the cost of education. More than 400 employers in Texas - and many more nationwide - offer TRIP agreements for UTI graduates.

Dallas, TX, January 27, 2016 --(PR.com)-- As employers in the transportation industry seek highly trained, skilled auto technicians for their service departments, many employers are choosing to offer financial incentives to recent graduates in order to woo them away from competitors. Across the nation, nine of the 10 largest national auto dealership groups are participating in Universal Technical Institute’s Tuition Reimbursement and Incentive Programs (TRIP) to attract qualified candidates while helping UTI graduates offset the cost of education. More than 400 employers in Texas - and many more nationwide - offer TRIP agreements for UTI graduates.

With a campus here in the D/FW area, many local students and employers are taking advantage of TRIP. The program helps UTI graduates offset the cost of their education while providing employers such as the Park Place Dealerships throughout the Dallas/Fort Worth area with the qualified service technicians their dealerships need.

By the year 2024, the U.S. Department of Labor projects there will be more than 1.2 million jobs in the automotive, diesel, collision repair, motorcycle and marine industries. To reach that total, the transportation industry will have to fill more than 37,000 technician job openings every year.[1] There are not enough trained people for these jobs to fill the pipeline and meet increased demand. Additionally, as Baby Boomers begin to retire in droves and the number of vehicles on the road continues to grow, the gap will only widen.

Leading employers know that recruiting qualified technicians is critical to the sustained success in a competitive market, and by participating in tuition reimbursement and incentive programs, they can attract the top talent in the industry.

[1] U.S. Bureau of Labor Statistics (2014-2024), www.bls.gov, viewed Dec. 8, 2015. UTI cannot guarantee employment or salary.

About Universal Technical Institute, Inc.:
Headquartered in Scottsdale, Arizona, Universal Technical Institute, Inc. (NYSE: UTI) is the leading provider of post-secondary education for students seeking careers as professional automotive, diesel, collision repair, motorcycle and marine technicians. With more than 190,000 graduates in its 50-year history, UTI offers undergraduate degree and diploma programs at 12 campuses across the United States, as well as manufacturer-specific training programs at dedicated training centers. Through its campus-based school system, UTI provides specialized post-secondary education programs under the banner of several well-known brands, including Universal Technical Institute (UTI), Motorcycle Mechanics Institute and Marine Mechanics Institute (MMI), and NASCAR Technical Institute (NASCAR Tech).

For more information, visit www.uti.edu. Like UTI on www.facebook.com/UTI or follow UTI on Twitter @UTITweet, @MMITweet and @NASCARTechUTI.

[1] U.S. Bureau of Labor Statistics (2014-2024), www.bls.gov, viewed Dec. 8, 2015. UTI cannot guarantee employment or salary.
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Deena Killingsworth
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