CDL Paid Training
A big consideration for anyone wanting to pursue a career as a trucker is the cost. Tuition at a truck driving school can range anywhere from $3,000 to $10,000.
If you don’t qualify for a state or Federal grant, can’t qualify for a bank loan and don’t have a friend or relative willing to support the investment of your education, you shouldn’t despair. Instead, do what many truck drivers have done: apply for CDL paid training.
What is CDL Paid Training?
CDL paid training known in the industry as Company sponsored training refers to when a trucking company offers to sponsor and finance a potential employee’s Commercial Driver License training.
How Does CDL Paid Training work?
Here are two examples:
The benefits of CDL Paid Training:
The negatives of Company Sponsored Training:
Be Advised: Since companies are paying for your training, they want you to hold up your end of the bargain. So, if you leave your employer before you’ve fulfilled your Contract, you may be required to refund the entire cost (or a pro rated portion) of your training. So, you should make sure the company is the one that you truly want to work for before you enter into a contract.
Why would a company offer to pay for an employee’s CDL training?
Employers have a seemingly insatiable demand for drivers. First, there’s very high driver turnover so they need to be constantly hiring. Also, the best trucking companies understand the importance of attracting and retaining good employees and are willing to treat them well, including investing in their training. You just have to find a company that’s a good fit for you.
What does it take to qualify for CDL Paid Training?
Which trucking companies offer Company Sponsored Training?
Most of the large transportation companies offer some form of company sponsored training. The following is a partial list of companies offering training:
What are the pros and cons of attending a CDL paid training program versus a trucking school?
With company-sponsored training, one upside is that you don’t need to come up with tuition money upfront. As long as you sign a contract, the carrier will cover the cost of your training. But you are expected to repay them through a payment plan via deductions from your paycheck. You’ll also have a guaranteed job once you graduate.
The downside to company sponsored training is that, should you decide to leave the company before your contract is up, you’ll have to pay them the remaining balance of the tuition immediately.
Another potential downside is if the company uses specialize techniques or equipment that isn’t easily transferable. Example, if a company only uses trucks with automatic transmissions and all of your training was on automatic, your job choices will be limited until you learn to drive a manual transmission.
A company-sponsored training program: is not always comfortable. Unless you live nearby, you can expect to live in a motel with three or four roommates for a few weeks while you attend CDL training.
With private school training, the downside is that you’ll have to finance your training upfront. But the upside is that you’ll have complete freedom to choose from a wide range of companies once you graduate. Plus, many companies offer some form of tuition reimbursement once you’ve been with them for a trial period (usually six months or more). The offers vary, but you should always ask about them before accepting any job offers, and certainly before you sign any form of employment agreement or contract. You can also avoid the lengthy travel time away from home.
One more thought on CDL Paid Training
The reality of these programs is to think of them as a Reimbursement for Training. Instead of paying your tuition up front, you agree to reimburse the company the tuition amount after you’ve worked for them over the agreed upon time period, normally one year. Typically, if you can’t find the resources to pay for your tuition without a contract, researched a great company, and are accountable to your commitments, company sponsored training is a great choice.
So, if you really want to earn a CDL, you can see there are many ways to go after your dream, including CDL paid training.