Snap-on Partnering with Universal Technical Institute Foundation to Provide More than 100 Students with Relocation Grants

SCOTTSDALE, Ariz., Nov. 20, 2013 /PRNewswire-USNewswire/ -- Snap-on, a long-time supporter of technical education has developed an initiative with the Universal Technical Institute (UTI) Foundation to assist students attending Universal Technical Institute (UTI) with relocation costs through a one-time grant, the Snap-on Relocation Grant. Snap-on is providing funding to the UTI Foundation for more than 100 grants to be issued in 2014.

More than 15,000 students attend UTI's 11 campuses across the country, and, for many, relocation costs to drive and move from one state to another can mean the difference between getting to UTI to start school and not going at all.

"Snap-on believes technical education is critical to our country's future," says Andy Ginger, President, Snap-on Industrial. "Cost can be daunting to students who want to pursue a technical education. When you combine tuition and fees with costs to relocate, it can be a real challenge. Snap-on wants to ensure that students who need to relocate to attend UTI have the resources to do so. When we graduate first-rate technicians, it helps our industry and our economy."

Future UTI students at any campus will be able to apply for a relocation grant by completing an application, writing an essay and submitting a letter of reference. 

"This thoughtful series of grants from Snap-on will be true life-savers for students who receive them," says Veronica A Meury, UTI Foundation Vice President and Executive Director. "Without this help, many students can't start their education, and that's such a tragedy. Many students aren't able to get jobs to save enough money to start school. A Snap-on relocation grant will provide the necessary safety net to get students to school."

The Snap-on relocation grants are available to future UTI students beginning in November.  Applications are available on the UTI Foundation website at www.utifoundation.net.

About UTI Foundation:
The UTI Foundation, a 501(c)(3) Arizona nonprofit, is the umbrella organization for all Universal Technical Institute, Inc. not-for-profit initiatives and is dedicated to raising funds to support and encourage technical education for the automotive, diesel, collision repair, motorcycle, marine, NASCAR and other transportation industries through scholarships, grants, career development and other special programs. For more information, visit www.utifoundation.net.

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 170,000 graduates in its 48-year history, UTI offers undergraduate degree, diploma and certificate programs at 11 campuses across the United States. For more information visit www.uti.edu. 

About Snap-on
Snap-on Incorporated is a leading global innovator, manufacturer and marketer of tools, equipment, diagnostics, repair information and systems solutions for professional users performing critical tasks.  Products and services include hand and power tools, tool storage, diagnostics software, information and management systems, shop equipment and other solutions for vehicle dealerships and repair centers, as well as for customers in industries, including aviation and aerospace, agriculture, construction, government and military, mining, natural resources, power generation and technical education.  Snap-on also derives income from various financing programs to facilitate the sales of its products. Products and services are sold through the company's franchisee, company-direct, distributor and Internet channels.  Founded in 1920, Snap-on is a $2.9 billion, S&P 500 company headquartered in Kenosha, Wisconsin.

CONTACT:
Sue Cardillo
McMahon & Cardillo
O: 412-921-6222 x3
C: 412-287-6752

Richard Secor
Public Relations
Snap-On Incorporated
O: 262-656-5561

SOURCE UTI Foundation