STAC offers a wide variety of benefits to increase the value of our employees’ total compensation package and recognize their hard work and dedication. In additional to medical and retirement programs, opportunities for tuition reimbursement are also available. Below is an overview of the benefits programs provided. Detailed information can be found in the appropriate benefit summary. Eligibility is based on employment status.
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Flex Spending (FSA)/Health Savings (HSA) Accounts
Coverage, if elected, is effective the 1st day of the month following 30 days of employment. The College pays 100% of the premiums for this benefit. The value of this group term life policy is one and one half the amount of your annual base salary. For full details and eligibility, review the appropriate Benefit Summary.
short and Long Term Disability
The College offers plans for both short-and long-term disability coverage to protect you and your family against loss of income based on non-job related injury or illness. Voluntary short term disability coverage is also available through AFLAC. For full details and eligibility, review the appropriate Benefits Summary.
Employees are eligible to participate in the TIAA/CREF retirement plan after completing one year of continuous service. Regardless of the employee contribution, the College will contribute 5% of the employee's annual salary. For full details and eligibility, review the appropriate Benefit Summary.
Employee Assistance Program (EAP)
All employees are eligible to take advantage of the Employee Assistance Program. An agreement made between the College and Nyack Hospital through its Employee Assistance Program (EAP) allows employees and their dependents to seek assistance for a wide range of human and family problems. Alcohol and drug abuse, family and marital distress, financial and legal difficulties and nervous or emotional disorders are among the issues that can be addressed. Download the informational flyer. For full details and eligibility, review the appropriate Benefit Summary.
Credit Union Membership
The College is a member of the Academic Federal Credit Union. The Credit Union provides savings in interest rates and loan plans that compare favorably with banks. For full details and eligibility, review the appropriate Benefit Summary.
The primary objective of the tuition remission program is to encourage employees, their spouses and their dependent children to pursue a college degree if they do not already have one. Therefore, tuition remission for spouses and dependent children is available only for eligible individuals who do not already possess a degree, regardless of the field of study, at the level (undergraduate or graduate) for which they are applying for benefits under this policy. However, the tuition remission program can provide employees who have undergraduate, or advanced degrees, with the opportunity to take courses at STAC for personal or professional enrichment.
Council of Independent Colleges (CIC) Tuition Exchange Program
The CIC program has a network of colleges to which full time employees and/or their eligible dependents may apply on a tuition-free basis. A list of current CIC membership may be obtained from the College’s tuition exchange liaison, the Associate Director of Admissions. Students are responsible for all non-tuition charges - board, fees and room. Each host college in the Program is required to offer the benefit to three (3) new exchange students in any year. This would allow for twelve (12) students over a four- year period (assuming no attrition). In any year, St. Thomas Aquinas College may export only one new student to any one participating college, but in total may export an unlimited number of students.
Tuition Exchange Program, Inc.
The Tuition Exchange is a reciprocal scholarship program for the eligible dependents of faculty and staff employed at over 630 participating institutions. This program offers potential tuition grant-in-aid opportunities besides those that may be available through the CIC Tuition Exchange Program or offered directly by the College. As a member of this program, the College is not eligible to participate in their traditional Tuition Exchange program which has an obligation to maintain a balanced exchange, meaning that the number of student “exports” has to reasonably match the number of student “imports”. We are however eligible to participate in another program they offer called Export/Import 3 (E/I3). This program allows the College to export up to 3 students per year, and requires the College to accept up to 3 students per year. Acceptance into a host institution does not guarantee a Tuition Exchange scholarship. The host institution grants the scholarship in accordance with its established program admission policy and procedures. Many institutions choose their scholarship recipients based on the academic profile of the applicant.
These programs are only available to full time and part time A/B employees and full time faculty. Details on all three of these programs including eligibility and application requirements can be found in the appropriate employee manual below:
Full details on available employee discounts can be found in the applicable Benefit Summary.