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POLICIES AND PROCEDURES

Policy Number: 3354:2-20-78
Title: Computer and Computer-Related Equipment Financing
Date Approved by the Board of Trustees: 12/7/00
Updated & Approved: 03/06/2003
Related Procedure HR20-78

 

Continuing Admin & S/PTemporary Admin & S/PTenure-track FacultyNon-tenure track Faculty
x Full-timex Full-timex Full-timex Temporary
x Partial-yearx Partial-year x Part-time
x Part-timex Part-time  
StaffStaff
x Full-timex Full-time  
x Partial-yearx Partial-year  
x Part-timex Part-time  

 

  1. The Board of Trustees authorizes the interest-free financing of computer and computer-related equipment for continuing full-and part-time employees after 6 months of employment.
  2. Financing of computer and computer- related equipment may be handled through payroll deductions over a period not to exceed thirty months nor an outstanding balance of $3,000 ($2,000 if the employee is continuing, part-time).
  3. Any outstanding computer and computer-related loan must be repaid prior to an employee's termination or retirement date.
Staging Enabled