Roger Penske Contributes $100,000 to Universal Technical Institute Foundation to Recognize Outstanding UTI Students
PHOENIX, Feb. 18, 2009 – The Universal Technical Institute (UTI) Foundation today announced, Kenneth Mazurczak, who attends UTI Sacramento, was selected as the first Roger Penske “Outstanding Student” recipient. Kenneth will receive a $12,000 cash award to repay education debt or buy tools. Roger Penske donated $100,000 to create the outstanding student awards for individuals approaching graduation who have demonstrated excellent academic achievement and are recognized as consummate team-players by fellow students and instructors at Universal Technical Institute, Inc. (NYSE: UTI).
Students who fit the criteria, complete the application and gain the endorsement of an instructor are encouraged to self-nominate for the award. UTI is a provider of technical education for individuals pursuing careers as professional automotive, collision repair, diesel, marine or motorcycle technicians.
“Universal Technical Institute recruits and trains exceptional people, and these graduates are in high demand in the automobile and diesel service industry,” said Roger Penske, Chairman of Penske Corporation. “It is my hope these awards will encourage students to do their best, aim higher and be willing to assist others.”
“Roger Penske recognizes excellence and is dedicated to helping people succeed,” said Veronica Meury, vice president and executive director of UTI Foundation. “His personal contribution will help deserving students follow their passion to pursue successful careers, and help others follow in their footsteps.”
“To have my hard work recognized by Roger Penske is a dream come true and this award will ease the financial sacrifices my family has made for me to learn a new profession,” said Mazurczak, “Mr. Penske’s support and the patience of my teachers have given me a jump start on my career.”
Additional information is available on the UTI Foundation website at www.utifoundation.net.
About UTI Foundation:
The UTI Foundation, a 501(c)(3) Arizona non-profit, is the umbrella organization for all Universal Technical Institute, Inc. (NYSE: UTI) not-for-profit initiatives and is dedicated to raising funds to further its mission and strategic goals. The UTI Foundation supports technical education for the automotive, diesel, collision repair, motorcycle, marine and NASCAR industries through scholarships, grants, career development and other special programs. For more information, visit www.utifoundation.net.