Florida to Provide Funding to Trucking Schools
America can always use more unsung heroes of the road. Florida Governor Ron DeSantis agrees with the sentiment, and on September 15th the governor granted $8.2 million dollars to five community colleges to boost their vocational trucking programs.
Florida is hoping that the one-time payment of $8.2 million will increase the number of truckers these five schools train from less than a thousand to 3,500 every year moving forward.
“In Florida, over the past three years we have made significant investments into workforce education, with an emphasis on trucking and the entire transportation industry,” said Governor Ron DeSantis in a statement. “With today’s announcements, we have now increased our CDL training capacity at state institutions from less than 1,000 prior to 2019 to more than 3,500. These investments are driving the growth of our rural communities and state as a whole.”
Additionally, the Florida Department of Economic Opportunity is granting $1 million to the State College of Florida through its Pathways to Career Opportunities Grant program to beef up its CDL training, as well as $500,000 through the Workforce Innovation and Opportunity Act to various colleges.
In total, the state is paying $9.7 million. Assuming every trucker generated from this school provides Florida with $250 in tax revenue it otherwise would have not obtained per year, it will take the state just a little over five years to recoup costs.
Despite trucking employment being at an all-time high, there is always a demand for goods to be shipped from point A to point B. Hopefully, other states will follow in Florida’s footsteps and provide people with the means to enter this exciting industry of road warriors.
If you hope to hire one of these new drivers once they graduate, chances are you will need a truck and/or trailer for them to deliver goods. TopMark Funding can help you enable your drivers with their vehicles once they have obtained their CDLs by getting you the best funding scenario for your credit rating. Read on below for more information.
ABOUT TOPMARK FUNDING
TopMark Funding is a top-rated semi-truck financing and trailer financing company located in Roseville, CA. We specialize in commercial trucking and heavy equipment. Our mission is to become your long-term financial partner by helping you grow your trucking business and fleet.
We’re not here for the short-term, we’re on the long-haul with you!
We have financing options for trailers, semi-trucks, commercial trucks, and small businesses. We have great rates, low down payments, and flexible monthly payments regardless of credit history.
Learn more about Trailer Financing.
Fill out the contact form or give us a call at (866) 627-6644. One of our truck financing specialists will contact you as soon as possible to go over your truck lease needs and learn more about you and your business financing goals.