Universal Technical Institute
Universal Technical Institute, Inc. (UTI) is a private for-profit system of technical colleges throughout the United States. The school offers specialized technical education programs under the banner of several brands, including Universal Technical Institute (UTI), Motorcycle Mechanics Institute and Marine Mechanics Institute (MMI), and NASCAR Technical Institute (NTI).

History
Universal Technical Institute was founded in 1965. UTI expanded its programs with additional curricula and opened new campuses, growing internally and through acquisitions. To address the needs of corporate clients, UTI started providing continuing education and training for technicians in 1980. In 1983, UTI opened a campus in Houston, Texas. In 1988 UT opened their Lisle, Illinois, campus. In 1998, it opened a campus in Rancho Cucamonga, California.

In January 1998, UTI acquired Clinton Harley Corporation and Clinton Education Group, Inc. for $26.3 million. Motorcycle Mechanics Institute and Marine Mechanics Institute (MMI) were operating divisions of Clinton Harley Corporation.

In June 1998, UTI acquired National Technology Transfer, Inc. (NTT) and Performance Training Associates (PTA) NTT provided intensive training seminars to technicians in sectors similar to the sectors that they served. PTA organized lecture training seminars in markets similar to NTT. The acquisition of NTT and PTA was completed for approximately $50.2 million. The NTT business was discontinued at a loss of $42.9 million. At the time of its initial public offering, UTI carried a debt load of $57.3 million.

At its peak in 2011, UTI had more than 18,000 students. Enrollment has been declining since then.

The 2012 Harkin Commission noted that: "Compared to public colleges offering the same programs, the price of tuition is significantly
higher at UTI....The same Certificate costs almost 20 times more at UTI than it does at the public college." UTI's default rate, however, was relatively low for a for-profit college, fluctuating from 12% to 16%.

Universal Technical Institute has limited access to military bases for student recruitment because its programs have not complied with federal government oversight measures.

On September 27, 2016, UTI reported that its President and CFO, Eugene Putnam, was removed as part of a financial improvement plan and that Kim McWaters replaced him as President.

October 21, 2019, Kim Mcwaters resigned as CEO of Universal Technical Institute.

Enrollment and campus locations
Since December 2018, Universal Technical Institute has seen a significant drop in the number of students enrolled.
 Avondale, Arizona
 Dallas, Texas
 Bloomfield, New Jersey
 Exton, Pennsylvania
 Lisle, Illinois
 Houston, Texas
 Rancho Cucamonga, California
 Mooresville, North Carolina
 Norwood, Massachusetts (Permanently Closed in July 2020 Due to Lack Of Student Enrollment)
 Orlando, Florida
 Sacramento, California (Collision program discontinued at the Sacramento location in 2020 due to lack of student enrollment.) 
 Long Beach, California

Schools

Universal Technical Institute (UTI)
Universal Technical Institute provides technical training for students seeking careers in the automotive, diesel, motorcycle, marine and collision repair industries.
UTI has direct relationships with approximately 30 OEM manufacturers. While UTI charges students tuition for their manufacturer specific programs, most OEM manufactures will provide the same technical training to their technicians free of charge.

Offered courses
 Automotive Technology – A 51-week automotive technology training program as well as Manufacturer-Specific Advanced Training (MSAT)
 Diesel/Industrial Technology – A 45-week course focused on teaching students toservice Class 3-8 diesel truck, including air brakes, fuel systems and power trains and advanced diagnostic systems. Course work includes transport refrigeration and hydraulic applications.
 Collision Repair and Refinishing Technology – A 51-week course based on the “I-CAR Enhanced Delivery” industry standard and is ASE/NATEF Master certified in five industry standard areas of auto body repair. The collision program has been discontinued at the Sacramento location due to lack of student enrollment.

NASCAR Technical Institute (NTI)

NASCAR Technical Institute is located in Mooresville, North Carolina. The school provides course work in engine construction, electrical, fuel and lubrication systems, drive trains, body and chassis fabrication and racing theory principles. Students learn the history and rules and regulations of NASCAR, as well as a Pit Crew training program.

Marine Mechanics Institute (MMI)
The school provides course work in marine technology with a focus on manufacturer-specific training for major marine manufacturers.

Motorcycle Mechanics Institute (MMI)
The school provides course work for work in motorcycle repair with a focus on manufacturer-specific training for major motorcycle manufacturers.

References

External links
 Official website

Automotive industry in the United States
Companies based in Scottsdale, Arizona
Education companies established in 1965
Vocational education in the United States
Private equity portfolio companies
Companies listed on the New York Stock Exchange
For-profit universities and colleges in the United States