Personal Computer Loan Program
Personal Computer Loans
Full-time faculty and staff, employed at least six months, are eligible to apply for a 12-month,
interest-free loan for the purchase of new microcomputer hardware. The Personal Computer
Program provides 80 percent of the cost of the computer hardware up to a maximum outstanding
balance of $2,000. Loans are repaid through automatic payroll deduction in equal payments over
twelve months. Participants in the program are required to sign a security document and payroll
If the employee terminates employment with the university, the outstanding balance on the
computer loan will be deducted from the last payroll check. If the last check is not sufficient to
cover the remaining loan balance, the employee will be required to pay the balance prior to final
clearance from the university.
To apply, send a written request including your name, home address, department and the
anticipated total amount of purchase and written vendor quote or invoice for the hardware to Tina Sharp at 270-809-3789 or email at email@example.com in the Office of Accounting and Financial Services.