EMPLOYEE PAYROLL DEDUCTION
NC State Stores is proud to offer full-time, permanent NC State employees a payroll deduction payment option when purchasing computers from NCSU State Stores. This option allows employees to pay for their purchase with an initial down payment and interest-free payroll deduction payments spread over 6 months.
Eligibility
The following purchaser and purchase criteria must be met to quality for this program:
▪ You must currently be a permanent, full-time (40-hour week) NC State employee with at least 12 consecutive months of service at the University to apply for participation in the payroll deduction program.
▪ Your purchase must include a computer or Apple iPad.
▪ You will need to make a 25% non-refundable, non-transferable down payment, at the time of purchase. ▪ Your payroll deduction purchase total must be greater than or equal to $500 or less than or equal to $3,000.
Application and Purchase Process
▪ Interested employees should apply to participate in the program by sending an email: theTechDen@ncsu.edu containing their full employee name and university ID number. Eligible employees will need to consent to this form to participate in the program. Alternatively, employees can drop by The Tech Den and pick up a copy of the form to complete. Tech Den staff will verify your eligibility to participate by email or by phone within one business day of receipt. Program business days are Monday-Friday.
▪ Approved employees will be contacted to schedule a purchase consultation prior to purchase. Payroll Deduction sales are processed at the Technology Department at Wolfpack Outfitters in Talley Student Union, Monday-Friday. 9:00am-4:00pm by appointment only.
▪ After selecting the eligible products, a single transaction will be processed at the store Technology Department register. The 25% down payment of the total purchase will be due at the time of purchase and can be made with any Store-accepted payment method. This down payment is non-refundable and non-transferable.
▪ The remaining Payroll Deduction balance will be reflected on an itemized PAYROLL DEDUCTION AUTHORIZATION form indicating the total loan amount and the equal payments for each pay period in the 6-month Bookstore Payroll Deduction period.
▪ The PAYROLL DEDUCTION AUTHORIZATION form must be signed by the purchaser.
Additional Terms
▪ These computer devices and products will be subject to NC Sales tax in Wake County.
▪ RETURNS, EXCHANGES, or REFUNDS are covered by our standard return policy. https://shop.ncsu.edu/returns refunds
▪ Any current Payroll Deduction must be paid in full before applying for another Payroll Deduction (that is, an employee may have only one active loan at any given time).
▪ In the case of suspension or termination from University employment, any remaining balance on the employee’s account will become due in full immediately upon change in employment status. Employees must make arrangements to pay any remaining balance within one week of employment status change. Failure to make alternative arrangements will result in a deduction of the total balance due from the employee’s final university paycheck or leave balance payout and a referral to a collection agency for any remaining balance due. Balances that cannot be collected will result in the employee being registered with the State of North Carolina pursuant to the Set Off Debt Collection Act (SODCA).
▪ Full-time employees paid on a bi-weekly basis will have the monthly deduction split equally between checks.
▪ Early payoff of remaining balances is not permitted under the terms of this program.
▪ Employees taking leave (FMLA or other) must make advance payment arrangements with the Bookstore or their remaining balance will be due in full if their scheduled payroll deduction cannot be processed.