COVID Stimulus Watch Individual Entry
Recipient Company:
Universal Technical Institute
Grant Amount:
$4,665,390
Recipient Details
Ownership Structure: publicly traded (ticker symbol UTI)
Award Details
Award Date: Apr 9, 2020
Award Type: grant
Award Details: 1st Round Payment (HEERF I). Amount is the maximum portion of the school's allocation that can be used for institutional costs.
Program Name: Higher Education Emergency Relief Fund ($500,000 and up)
Legislation: CARES
Awarding Agency: Education Department
Data Source for Award:
https://www2.ed.gov/about/offices/list/ope/allocationstableinstitutional...
Parent Company Data
Parent Company: Universal Technical Institute Inc.
Headquartered in: Arizona
Parent Sector: miscellaneous services
Parent Industry: educational services
Employees (prior to pandemic): 1,670
Accountability Issues Since 2010
Employment-related Penalties: $30,000
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Ratio of CEO Pay to that of Median Worker: 14.3 to 1
CEO Compensation: $1,046,989
Worker Median Pay: $73,485
Good Jobs First has no data in this category
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