The Specialty Equipment Market Association (SEMA) awarded $100,000 through its SEMA Memorial Scholarship Fund to 50 students and employees of member companies, the association announced Aug. 4. The total is the largest in the program’s history and the first to reach $100,000, up from the $99,500 awarded to 50 recipients in 2025 and the $99,000 […]
SCRS Partners With Savi to Help Members Navigate Federal Student Loan Overhaul
The Society of Collision Repair Specialists has added a student loan navigation platform to its member benefits, giving collision repair businesses and their employees a no-cost starting point for sorting through federal repayment options that changed July 1, 2026. The platform compares more than 150 repayment and forgiveness options and returns side-by-side recommendations built around […]
SEMA Awards $99,500 in Scholarships and Loan Forgiveness to 50 Recipients
The Specialty Equipment Market Association awarded $99,500 in scholarships and loan forgiveness to 50 students and recent graduates pursuing automotive industry careers. The recipients include current students and employees of SEMA-member companies. The awards are distributed through the SEMA Memorial Scholarship Fund, which has awarded more than $3 million since 1984. “This year’s scholarship recipients […]
US Education Department Cancels All Remaining Loans for 560,000 Borrowers Who Attended Corinthian Colleges
Yesterday, the U.S. Department of Education announced it will discharge all remaining federal student loans borrowed to attend any campus owned or operated by Corinthian Colleges Inc. from its founding in 1995 through its closure in April 2015 including its Wyotech automotive and collision repair trade schools. The announcement will result in 560,000 borrowers receiving […]
The Hartford Announces Student Loan Repayment Plan for Employees
The Hartford announced a new student loan repayment program to help its employees pay down up to $10,000 in student debt. According to a recent study by Experian, student loan debt in the United States reached an all-time high in the first quarter of 2019 totaling $1.4 trillion, with an average student loan debt per […]