Universal Technical Institute Adds Herc Rentals to Its Work and Learn Program
Universal Technical Institute (NYSE:UTI) added Herc Rentals to its Work and Learn program on April 27, 2026.
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Rhea-AI Summary
Universal Technical Institute (NYSE:UTI) added Herc Rentals to its Work and Learn program on April 27, 2026. The partnership provides selected UTI students and alumni with paid work experience (20–30 hours), employer-determined eligibility for full-time hiring, and education-related incentives.
Herc Rentals may offer up to $5,250 per year in tuition repayment, a $3,000 toolbox package, and up to $3,000 in relocation assistance for eligible hires; incentives vary by employer.
Positive
- Paid work experience of 20–30 hours through Early Employment Program
- Tuition repayment up to $5,250 per year for eligible hires
- Tool support of a $3,000 toolbox package and relocation up to $3,000
- Partnership with a large employer: Herc Rentals ~9,600 employees and > 600 branches
Negative
- Eligibility for EEP, hiring, and TRIP incentives is determined by the employer, not guaranteed to all students
- TRIP incentives vary by employer, creating uncertainty in exact student benefits and amounts
Details
News Market Reaction – UTI
On Apr 27, the day this news came out, UTI closed 1.94% above the previous close.
Data tracked by StockTitan Argus for the Apr 27 session.
Key Figures
- Price change (24h)
- -2.31%
- Pre-news daily move for UTI
- EEP weekly hours
- 20 to 30 hours
- Paid work experience offered by EEP partners
- Industry experience
- 60 years
- Herc Rentals industry expertise
- Employee count
- 9,600 employees
- Herc Rentals workforce size
- Branch count
- 600+ branches
- Herc Rentals locations in U.S. and Canada
- Tuition repayment
- $5,250 per year
- Maximum tuition repayment for eligible hires after graduation
- Tool package value
- $3,000
- Toolbox and tool package for eligible hires
- Relocation assistance
- $3,000
- Maximum relocation assistance for eligible hires
Historical Context
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Announcement of date and access details for upcoming Q2 2026 conference call.
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Three-year Fuji Spray Auto partnership to supply spray guns and support training.
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Tyton Partners promotions to Partner level highlighting sector expertise in education.
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CEO remarks on skilled workers, student volumes, and reference to recent Q1 earnings.
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Q1 2026 results with higher revenue and students but lower adjusted EBITDA from investments.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
hvacr technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
Selected students and alumni to qualify for employment, tuition repayment, tools, and relocation support
Participating EEP partners may offer 20 to 30 hours of paid work experience, consideration for full-time employment, and reimbursement for education-related expenses after graduation, with eligibility determined by the employer[1]. TRIP incentives vary by employer and may include student loan repayment assistance, hiring incentives, tool assistance, and sign-on bonuses, helping graduates reduce education costs and transition into their careers.
Herc Rentals is a full-service equipment rental company with over 60 years of industry expertise, approximately 9,600 employees, and over 600 company-operated branches across
"The skilled trades continue to offer some of the strongest career opportunities in today's workforce, and partnerships like this demonstrate how employers are stepping up to invest in the next generation of technicians," said UTI Division President Tracy Lorenz. "By combining paid work experience with tuition reimbursement, tools, and relocation support, companies like Herc Rentals are helping students reduce financial barriers and move confidently from education into long-term careers."
About Herc Rentals
Founded in 1965, Herc Holdings Inc., which operates through its Herc Rentals Inc. subsidiary, is a full-line rental supplier with 602 locations across
About Universal Technical Institute, Inc.
Universal Technical Institute, Inc. (NYSE: UTI) was founded in 1965 and is a leading workforce solutions provider serving students, partners and communities nationwide. The company offers high-quality education and support services for in-demand careers via its two divisions: UTI and Concorde Career Colleges. The UTI division operates 16 campuses located in nine states and offers a wide range of transportation, skilled trades, electrical and energy training programs. Concorde operates across 18 campuses in eight states and online, offering programs in the allied health, dental, nursing, patient care and diagnostic fields. For more information, visit www.uti.edu or www.concorde.edu; LinkedIn at @UniversalTechnicalInstitute and @Concorde Career Colleges; or X at @news_UTI and @ConcordeCareer.
Media Contact
Alanna Vitucci
avitucci@uti.edu
480.710.6843
[1] Participating employers establish eligibility requirements and conditions, which are between the employer and the student.
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SOURCE Universal Technical Institute, Inc.
FAQ
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