Computer Purchasing (Faculty & Staff)

Computer Purchasing (Faculty & Staff)
Students

Guidelines for the Computer Loan Program (Faculty & Staff)

  • Purpose: To serve the professional needs of faculty and staff members by assisting in the purchase of a personal computer.
  • Employee Eligibility: Regular full-time and regular part-time employees who have successfully completed their adaptation review. Employee must be in good employment standing with the College. No new loans will be considered until the current loan has been paid in full.
  • Eligible Purchases: The purchase of a microcomputer, necessary peripherals, and appropriate software. All equipment must be purchased through the IT Technical Purchasing Manager, Sarah Morgan. Any microcomputer must be a brand that Bowdoin is approved to sell, as an official re-seller, i.e. Dell, Apple. A computer loan may not be used to purchase furniture or more than one computer.
  • Terms: 95% of the purchase price including equipment, taxes, and shipping. Minimum loan amount is $500 with a maximum of $2,500.
  • Payment: Interest free and the amount financed will be deducted through payroll deductions in equal installments for a maximum repayment period of 3 years or the employee�s term of employment, whichever is less. At termination, any remaining balance on a computer loan must be repaid to the College in full.

Application Process

  • Loans are granted on a first-come, first-served basis. Funds become available as they are replenished by employees� payments through payroll deduction. Occasionally when there is a high demand, approved requests may be wait-listed.
  • The employee contacts Anne Cornely (acornely@bowdoin.edu or 725-3076) to obtain pre-approval for the loan.� Anne will notify the employee and Sarah Morgan once the loan has been pre-approved.
  • The employee makes an appointment with Sarah Morgan (smorgan@bowdoin.edu or 725-3159), who provides a written quotation for all necessary equipment, taxes, and shipping, as well as the payroll loan deduction.� Quotes will only be provided for equipment which falls within the guidelines of the loan policy (see above).
  • To place an order, the employee must 1) pay the minimum 5% down and 2) sign a promissory note. This can be done at the meeting with Sarah Morgan.� Repayment commences with the first paycheck after the Technical Purchasing Manager notifies Human Resources that the computer has been delivered to campus and is ready for pickup by the employee.

If you have any questions about the interest free computer loan program, please contact Anne Cornely at x3076. If you have any questions about purchasing a computer, please contact Sarah Morgan or x3159.