The State University of New York Program on Faculty Retraining is described. Retraining is defined as preparation to move from one academic field to another or from one subfield of a discipline to another. It is distinguished from faculty development, involving the acquisition of new skills or knowledge applicable to one's ongoing responsibilities. Faculty retraining is viewed as an opportunity for faculty in areas of low and declining enrollments to retrain in related or subdisciplines of growing or high enrollment. The Retraining Program has attracted faculty ranging in age from 28 to 58 from various professional and degree levels. The costs and funding procedures for the program are examined as well as application and acceptance process. Evaluations from administrators of participating campuses, and from faculty who have completed retraining indicate that the process has provided additional flexibility to colleges and universities confronted by the economics of retrenchment, declining enrollment, and high tenure ratios. It is suggested that retraining is most successful where clear guidelines are established at the outset, where it satisfies both the personal needs of faculty and institution, and where there is a good fit between the extent of career change and the length of the retraining program. Some sample questionnaires are included. Appended are guidelines for application, names of participating SUNY campuses, host campuses for retraining, faculty retraining grants awarded, a statistical summary, an outside evaluation, and articles and papers on the SUNY Retraining Program. (Author/SF)