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Bank of Hawaii Launches New College Assistance Program for Employees

Wednesday, August 24, 2016

HONOLULU, HI — There are many reasons why someone may not earn a bachelor’s degree. Whether the reason is time, money or family obligations, it may not always be feasible to return to school, especially considering its rising costs.

Bank of Hawaii announces its new College Assistance Program, which is aimed at helping its employees get back on the path to obtaining their first four-year degree. In partnership with Chaminade University of Honolulu, Bank of Hawaii now offers employees access to a bachelor’s degree with tuition reimbursement up to five classes per year through Chaminade’s Office of Professional and Continuing Education (PACE) online program.

Through this unique program, enrolled employees:

  • Have the flexibility to choose from select majors, regardless of whether or not they relate to employees' roles at the bank.
  • Will receive half of their tuition reimbursement prior to the start of each semester to help lessen the upfront out-of-pocket costs.
  • Have no obligation to stay with Bank of Hawaii after they have earned their bachelor's degree.

"At Bank of Hawaii, the core of our success remains our dedicated employees, who continuously provide inspiration and innovative solutions as we move toward 21st-century banking," said Peter Ho, Bank of Hawaii chairman, president and CEO. "While we hope all of our employees enjoy long careers with us, there is no requirement that they stay at the bank following graduation. Our hope is to provide Hawaii with well-prepared individuals who aspire to better themselves and our state."

"We believe that this opportunity has the potential to unleash the dreams for those Bank of Hawaii employees willing to take advantage of the opportunity," said Chaminade University president, Bro. Bernard Ploeger, SM. "Our Office of Professional and Continuing Education continues to take the lead in providing online degrees and has a long tradition of serving adults and working professionals seeking post-secondary degrees."

About Chaminade University of Honolulu

Chaminade University is a private, Catholic university offering more than 25 undergraduate and graduate programs and is federally designated as a Native Hawaiian serving institution. Guided by its Catholic, Marianist and liberal arts educational traditions, Chaminade prepares students for careers in an evolving global marketplace rooted in the development of moral character, personal competencies and a commitment to build a just and peaceful society. Please visit chaminade.edu for more information.