Sarah Lawrence extends loans to employees for the purchase of computer equipment and peripherals. Employees may borrow up to $2000 per computer loan request. Repayment is through payroll deduction and may be over a period of no more than 24 consecutive months or two academic years (for staff employees paid over 10 months), interest free. Guest faculty with one year or one semester contracts must repay the loan over the period of their contract. Borrowers must show proof of purchase and must repay the loan in full immediately if employment is terminated. Outstanding computer loans must be repaid in full before any future computer loans will be considered. Detailed information, payroll deduction forms and repayment notes are available in the Controller’s office.