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CDK Global, NAMAD Announce Sixth Annual Fueling Careers Scholarship

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CDK Global, a key player in automotive retail technology, has opened applications for the Fueling Careers Scholarship Program. This initiative, in collaboration with the National Association of Minority Automobile Dealers, supports minority high school students. Annually, it awards up to five scholarships of $10,000 each, with a total of $250,000 awarded since 2017. Applications are open until May 6, 2022, and funds aim to foster educational opportunities for underrepresented groups in the industry.

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  • Funding for scholarships supports minority students, enhancing educational access.
  • Continuing partnership with NAMAD for targeted community support.
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  • None.

Program Celebrates Academics, Leadership and Civic Involvement for Minority Students

HOFFMAN ESTATES, Ill.--(BUSINESS WIRE)-- CDK Global, Inc. (Nasdaq: CDK), a leading automotive retail technology company, together with the National Association of Minority Automobile Dealers (NAMAD), have opened the application process for the sixth annual Fueling Careers Scholarship Program. The program supports ethnic minority high school students of dealership employees who demonstrate financial need in their pursuit of a college education.

The program is funded by CDK and will award up to five $10,000 scholarships per year to high school seniors entering an accredited college or university. Since 2017, CDK and NAMAD have awarded $250,000 in scholarships.

"We are passionate about continuing to support ambitious young men and women who are committed to pursuing educational goals that prepare them for meaningful, productive and fulfilling careers," said Kathy Gilbert, senior director, Minority Dealers and Women Retail, CDK Global. "NAMAD has been an ideal partner for making this program a reality for six consecutive years, as we continue working toward enhancing the lives of these students and their families and empowering them to make significant contributions to society.”

Application process details are available on the Fueling Careers Scholarship Program website at https://programs.applyists.com/fuelingcareers/.

"We have a unique opportunity and important responsibility to help shape the future talent for the automotive industry," said Damon Lester, president, NAMAD. "Supporting our minority dealer community has been a critical platform for both CDK and NAMAD. Through this scholarship program, we are paving the way for remarkable students within our minority dealer body to succeed."

Candidates can submit applications through May 6, 2022, and recipients will be announced at the NAMAD Annual Meeting.

“I am incredibly grateful to CDK and NAMAD for this blessing,” said Sebastian Watler, 2021 ‘Fueling Careers’ scholarship winner and mechanical engineering major at Lamar University. “Ever since I was young, I have always been interested in the idea of building something of my own creation and imagination. Thus, I took a major interest in science and technology. The world needs better advances in technology, and the automobile industry is one of the areas I could help. No matter where you are in the world, cars are around you.”

The scholarship application and award process is managed by International Scholarship and Tuition Services, Inc. (ISTS). Dealership employees of a NAMAD member with high school students will need to complete an online application and satisfy all eligibility requirements.

About CDK Global, Inc.

With approximately $2 billion in revenues, CDK Global (NASDAQ: CDK) is a leading provider of retail technology and software as a service (SaaS) solutions that help dealers and auto manufacturers run their businesses more efficiently, drive improved profitability and create frictionless purchasing and ownership experiences for consumers. Today, CDK serves over 15,000 retail locations in North America. For more information, visit cdkglobal.com.

About the National Association of Minority Automobile Dealers

The National Association of Minority Automobile Dealers' (NAMAD) objective is to pursue the meaningful presence and participation of minority businesses and diverse employees across all aspects of the automotive economic sector, including:

  • Increasing the number of minority-owned dealerships in communities across America.
  • Advocating workplace and supplier diversity in the automotive manufacturing environment.
  • Supporting minority engagement in the automotive retail sales and service sectors.

We are committed to developing strategic relationships and advocating for the advancement of business policies and practices that ensure diversity and economic parity remain a priority in all aspects of the American automotive industry.

NAMAD is a 501(c)(3) non-profit, tax-exempt organization headquartered in the Washington, D.C. area. For information on National Association of Minority Automobile Dealers visit namad.org.

About International Scholarship and Tuition Services, Inc. (ISTS)

Founded in 1985, International Scholarship and Tuition Services, Inc. provides comprehensive scholarship, grant, tuition assistance and tuition reimbursement program management. ISTS is a 100% women-owned company, focused on offering cutting-edge technology and sustainable solutions to corporations, foundations, associations, unions and other scholarship-granting organizations worldwide. For more information about ISTS, visit http://www.applyISTS.com.

Media Contacts:

Tony Macrito

630.805.0782

Tony.Macrito@cdk.com

Investor Relations Contact:

Reuben Gallegos

847.542.3254

Reuben.Gallegos@cdk.com

Source: CDK Global, Inc.

FAQ

What is the CDK Global Fueling Careers Scholarship Program?

The Fueling Careers Scholarship Program by CDK Global provides financial support for minority high school students pursuing higher education.

How much can students receive from the Fueling Careers Scholarship?

Eligible students can receive up to $10,000 from the Fueling Careers Scholarship Program.

What is the application deadline for the Fueling Careers Scholarship?

Applications for the Fueling Careers Scholarship must be submitted by May 6, 2022.

Who can apply for the CDK Global scholarship?

High school students of dealership employees who demonstrate financial need and belong to minority communities are eligible to apply.

How much total funding has CDK Global awarded in scholarships since 2017?

Since 2017, CDK Global has awarded a total of $250,000 in scholarships.

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