HOLT and University Announce $200K Investment in Education

HOLT CAT and A&M-SA hosted officially announced a new scholar program on April 11, 2023. The following press release is courtesy of HOLT CAT.

HOLT Scholars program will support first-generation college students in STEM and early education fields

SAN ANTONIO (April 11, 2023) - HOLT has committed $200K in academic scholarships to Texas A&M University-San Antonio over the next four years for women in STEM and men in early childhood/general education.

A total of five recipients will receive $10,000 per year. Applications will open fall 2023 and will primarily target first-generation college students from East Central ISD.

“Giving back to the community has always been a priority for us at HOLT,” said Corinna Holt Richter, president and chief administrative officer at HOLT. “It is especially important this year as we celebrate HOLT CAT’s 90th anniversary. By investing in Texas A&M-San Antonio students, we are continuing our legacy and building the future skilled workforce of San Antonio.”

The goal of the HOLT Scholars program is to strengthen career pathways and position more San Antonio high school students, particularly women, for in-demand careers that provide upward economic mobility.

“I hope that this partnership will inspire other local companies to come together and invest in higher education,” Holt Richter continued. “This type of investment helps fill the needs of the local labor market, improve the economic mobility of the emerging workforce and strengthen the competitiveness of the regional economy.” According to the most recent San Antonio-New Braunfels MSA Regional Economic Overview, jobs are expected to increase over 74,000 over the next five years, yet only 18.2% of residents possess a bachelor’s degree and only 8.2% hold an associate’s degree.

“There are many students who are motivated and inspired to pursue higher education but lack the resources they need financially and otherwise to reach their goals,” said Dr. Linda Schott, interim president of Texas A&M University-San Antonio. “The financial help that this scholarship will provide, plus the networking opportunities of the internship and mentorship programs, will fill the gaps needed to propel scholarship recipients forward both in life and economically.”

In addition to the HOLT Scholars program, HOLT is invested in several Career and Technical Education programs across the state, and partners with organizations on workforce development, internships, apprenticeship programs, and professional development and continuing education.

### 

About Texas A&M University-San Antonio
Established as a stand-alone university in 2009, Texas A&M University-San Antonio is a comprehensive four-year public university that reflects the culturally diverse, heritage-rich community it serves. Situated on nearly 700 acres in South San Antonio, the University offers 37 undergraduate degrees and 19 graduate degrees to more than 7,300 students. A&M-San Antonio is home to the Henry G. Cisneros Institute for Emerging Leaders and the Cyber Engineering Technology/Cyber Security Research Center. The University holds the Hispanic-Serving Institution (HSI) designation and is one of only 30 higher education institutions in the U.S. to have received the Seal of Excelencia certification from Excelencia in Education for its support of Latino student success. More than 77 percent of A&M-SA students identify as Hispanic, and approximately 60 percent are the first in their family to attend college. A&M-San Antonio is a military-embracing institution and was recognized as a Military Friendly® School for 2023-2024, receiving a Silver ranking. Visit tamusa.edu for more information. #onamission  

About HOLT CAT

HOLT CAT® is the largest Caterpillar® equipment dealer in the United States serving 118 Texas counties spanning from the Red River to the Rio Grande™. Established in 1933, HOLT CAT sells, rents and services Caterpillar machines, engines, generator sets and trucks for construction, mining, industrial petroleum and agricultural applications. Additionally, the company offers total machine and engine rebuild and sells used equipment around the world.

HOLT is a family-owned company, headquartered in San Antonio, Texas. The Holt name has been associated with heavy equipment and Caterpillar for over 100 years. HOLT CAT Chief Executive Officer, Peter J. Holt and HOLT CAT President, Corinna Holt Richter, are direct descendants of Benjamin Holt, who in 1904 developed the first successful track-type tractor which he named the “Caterpillar.” Since 1988, HOLT has embraced Values-Based Leadership® to form its company culture, which has helped the HOLT name become synonymous with quality, integrity and commitment to legendary customer service. For more information, visit www.holtcat.com.