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The Wall Street Publication > Blog > Economy > Ford investing $4 million in scholarships for auto technicians
Economy

Ford investing $4 million in scholarships for auto technicians

Editorial Board Published March 10, 2025
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Ford investing  million in scholarships for auto technicians
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Ford is partnering with veterans teams like Blue Star Households and Guitars 4 Vets to let veterans and their households drive Broncos on an off-road course.

Ford is additional backing the coaching of automotive technicians with a brand new, bigger funding in its Auto Tech Scholarship program. 

The corporate’s philanthropic arm and Ford sellers are investing of $4 million into this system, funds that Ford stated might be dispersed as $5,000 scholarships for 800 college students with the objective of working as auto technicians. 

Ford Philanthropy began the Auto Tech Scholarship program in 2023. TechForce Basis, an Arizona-based non-profit, facilitates the grants.

Ford’s newest $4 million funding in auto technician scholarships marks a $2 million improve from final 12 months’s and $3 million improve in comparison with 2023’s. 

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It comes because the auto business is contending with an ongoing scarcity of mechanics.

Demand for brand new auto technicians from 2025 by way of 2028 is anticipated to hit over 351,000, in line with a report from the TechForce Basis.

Separate information from the Bureau of Labor Statistics, in the meantime, instructed there might be some 67,800 openings for automotive service technicians and mechanics yearly by way of 2033. 

“This problem is bigger than Ford,” Alex Shelton, supervisor of Training for the Way forward for Work with Ford Philanthropy, advised FOX Enterprise in an interview. “However, we want to come to the table on behalf and support the entire industry. This scholarship, starting in 2023, was an opportunity for Ford, Ford Philanthropy, for our dealers to come together to provide scholarships to help students get to school, through school and into careers.” 

“Over the last three years, we’ve been able to grow it from $1 million to $2 million to this year, a $4 million program that will support 800 students across the country,” he stated.  

An auto tech student working on a vehicle

An auto tech scholar engaged on a automobile (Ford Motor Co)

People enrolled as future college students in an eligible automotive, diesel or mixed technician post-secondary program and present attendees with demonstrated monetary want can apply for the 800 need-based scholarships, in line with the TechForce Basis web site. They should have accomplished the Free Software for Federal Scholar Help (FAFSA).

Colleges eligible for the Auto Tech Scholarship program are scattered throughout a number of areas within the U.S., the listing on the TechForce Basis’s web site confirmed.

Shelton advised FOX Enterprise it’s a “tuition-first scholarship” however famous it’s “not limited to just tuition.”

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Funds from the Auto Tech Scholarship program “can roll into other aspects of a student’s education needs as well” resembling childcare, gasoline, transportation, housing and meals, in line with Shelton. 

“There’s a plethora of barriers that students can face in their educational journey, and many times it’s a couple $100 that sets a student off track or forces a student to drop out of school, so by having some extra funding available for them, we hope that this allows students not just get to school, but stay in school and then graduate to start their careers.”

Makenna Enga, a previous recipient of one in all Ford’s scholarships, advised FOX Enterprise her grant helped give her the chance to remain at school to develop into an auto technician. 

Makenna Enga is a past recipient of a Ford scholarship

Makenna Enga is a previous recipient of a Ford scholarship (Ford Motor Co)

“Trade school is not cheap,” she stated. “I think any school after high school is not the most inexpensive thing, but trade school is accelerated, and it gets you into the workforce faster, but that also means that you have to pay tuition a little bit faster in some cases, and so it gave me the chance where I could stay in school and really pursue trade school and keep going with it, with that extra help of money.” 

Ford has been a serious assist in pursuing her profession targets, in line with Enga. She in the end needs to work in Formulation One. 

“Ford has been huge, especially in my long-term goals, because Ford Performance is in NASCAR and Formula One, and they have a lot of connections and ways to kind of know people and meet people,” she stated.

Enga additionally stated the scholarship was motivational whereas she was at school.

“When you get a scholarship that really wants you to do well and is behind you and pushing you to keep going forward with it, it’s just nice to have that extra little support of, ‘Oh, they believe in me so I should keep doing this. I should keep believing in myself too.’”

Ford hopes to see members of the following era of auto technicians come up out of its Auto Tech Scholarship program, in line with Shelton. 

Auto tech students looking at the underside of a vehicle

Auto tech college students wanting on the underside of a automobile (Ford Motor Co)

Previous scholarship recipients have included highschool graduates and folks trying to swap profession paths later in life, amongst others, he stated. 

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“This is not the career path that I think a lot of people view when they think about an auto technician,” Shelton additionally advised FOX Enterprise. “There is so much technology, this cutting-edge technology woven across the entirety of a vehicle, and vehicles are only continuing to become more sophisticated and smarter every single day with infotainment to electric vehicles.”

“There’s just a need for individuals who want to work with their hands, but also blend that with this exciting technological component, and so I think the career is changing, and we’re hoping that this scholarship provides a financial assistance and allows it to remove barriers for students, but that it’s also dispelling some of those misperceptions about what it means to enter this industry and how you have an amazing chance to get into a career and then grow yourself in that career as well.”

Greater than 634,000 individuals within the U.S. labored as auto mechanics as of 2024, in line with IBISWorld.

 

TAGGED:autoFordInvestingmillionscholarshipstechnicians
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