A full description of all employee benefits is available on the Human Resources myHill page, including the detailed Employee Benefits Guide, which outlines eligibility, coverage options, and application procedures. Faculty should consult these resources for the most up-to-date and comprehensive information.
Full-time faculty have access to a broad suite of benefits, including health, dental, vision, life, disability, and other insurance programs; retirement savings plans with College contributions; and voluntary retirement incentive options. In addition, after meeting eligibility requirements, faculty and their dependents may qualify for tuition remission at Stonehill, participation in Holy Cross tuition-remission programs, or consideration for Tuition Exchange scholarships.
For complete details, including eligibility rules, coverage levels, required forms, and deadlines, faculty should refer directly to the Human Resources myHill site and the Employee Benefits Guide, or contact the Office of Human Resources with any questions.
VOLUNTARY RETIREMENT
Voluntary Retirement Incentive Plans for Tenured Faculty
Stonehill currently offers two voluntary retirement incentive programs to eligible tenured faculty who would like to retire from Stonehill:
- Early Retirement Incentive Plan
- Eligibility: Ages 59 1/2 to 65 with 10+ years of service
- Note: This plan will conclude one June 30, 2026, for those taking early retirement compensation in FY 2027
- Reduced Academic Schedule Plan
- One-year or two-year plan options
- Eligibility: Ages 65 to 70 with 20+ years of service
- Interested faculty should contact the Office of Human Resources for details of eligibility, deadlines, and application procedures.
TUITION REMISSION AND EXCHANGE PROGRAMS
Tuition Remission
After four years of full-time employment, the College provides tuition remission to dependent children and spouses of full-time faculty members and to nieces and nephews of members of the Congregation of Holy Cross. The remission applies only to that portion of a student’s tuition not covered by grants and scholarships received from other sources, including the College. The remission does not cover the costs of room, board, books, and fees.
A formal request for tuition remission must be made through the Office of Human Resources at the time of application to the College. Failure to meet Satisfactory Academic Progress guidelines as outlined in the Hill Book disqualifies the student from tuition remission.
For details of eligibility and application procedures, contact the Office of Human Resources.
The spouses and children of retired or deceased faculty members who have served the College full-time for at least seven years immediately prior to their retirement or death shall be entitled to this same scholarship aid upon their admission to the College.
Religious who teach at the College are allowed to divide a total of two full scholarships per year among their nieces and nephews. The same stipulation applies to these scholarships as to those that are provided for the spouses and children of lay faculty members.
Tuition Remission at Other Congregation of the Holy Cross Institutions
Children of faculty and staff of Stonehill College who are eligible for tuition remission, in whole or in part, at the College are eligible for the same remission, subject to the same criteria, at the following institutions:
- King’s College (Wilkes-Barre, PA)
- Our Lady of Holy Cross College (New Orleans, LA)
Tuition Exchange (TE) Scholarship Program
Tuition Exchange is not a guaranteed benefit, rather it is a scholarship awarded by the export institution. After four years of full-time employment, Tuition Exchange is open to dependent children of employees and may pay full tuition or a guaranteed amount toward tuition and include a wider range of choices, at over 500 institutions. Initial and renewal applications, available in the Office of Human Resources, must be submitted to that Office for consideration in the subsequent academic year. Tuition Exchange guidelines and selection criteria are available from the Office of Human Resources. Contact the Office of Human Resources for details regarding eligibility for participation in the Tuition Remission and Tuition Exchange Programs.