Non Sponsored School
Durham, NC 27708, United States
School Sponsored Finance ProgramWeb Link
Eligible persons can purchase any personal computer or peripheral equipment sold by the Duke Technology Center. Software, supplies, service and accessories are ineligible products and must be purchased separately using another approved payment method such as cash, credit card, Flex points, etc.
Amounts: The payment plan will finance amounts from $500 to $3,000, inclusive, in multiples of $50, and amounts from $3,100 to $5,000, inclusive, in multiples of $100.
Terms and Conditions: The payment plan is a simple interest, retail installment sale as governed by the State of North Carolina. Additional specific information is detailed on the installment agreement.
About the School:Duke University was created in 1924 by James Buchanan Duke as a memorial to his father, Washington Duke. The Dukes, a Durham family that built a worldwide financial empire in the manufacture of tobacco products and developed electricity production in the Carolinas, long had been interested in Trinity College. Trinity traced its roots to 1838 in nearby Randolph County when local Methodist and Quaker communities opened Union Institute. The school, then named Trinity College, moved to Durham in 1892, where Benjamin Newton Duke served as a primary benefactor and link with the Duke family until his death in 1929. In December 1924, the provisions of indenture by Benjamin’s brother, James B. Duke, created the family philanthropic foundation, The Duke Endowment, which provided for the expansion of Trinity College into Duke University.As a result of the Duke gift, Trinity underwent both physical and academic expansion. The original Durham campus became known as East Campus when it was rebuilt in stately Georgian architecture. West Campus, Gothic in style and dominated by the soaring 210-foot tower of Duke Chapel, opened in 1930. East Campus served as home of the Woman’s College of Duke University until 1972, when the men’s and women’s undergraduate colleges merged. Both men and women undergraduates now enroll in either the Trinity College of Arts & Sciences or the Pratt School of Engineering. In 1995, East Campus became the home for all first-year students.Duke maintains a historic affiliation with the United Methodist Church.
Laptop Programs:The Duke University Computer Purchase Plan is a loan program that lets currently enrolled students finance the purchase of a personal computer system from the Duke Technology Center. Duke University funds the payment plan to afford all students the opportunity to purchase a personal computer system in support of their academic endeavors. Availability The payment plan is available during the fall semester from the first day of classes through the last day of classes. The payment plan is not available during exams, between fall and spring semesters or during summer.Eligibility Persons: The payment plan is available to currently enrolled, degree-seeking undergraduate, graduate and professional students. Non-degree seeking students are not eligible. Faculty and staff may finance the purchase of computer equipment through the Duke University Credit Union.Products: Eligible persons can purchase any personal computer or peripheral equipment sold by the Duke Technology Center. Software, supplies, service and accessories are ineligible products and must be purchased separately using another approved payment method such as cash, credit card, Flex points, etc. Amounts: The payment plan will finance amounts from $500 to $3,000, inclusive, in multiples of $50, and amounts from $3,100 to $5,000, inclusive, in multiples of $100. Terms and Conditions The payment plan is a simple interest, retail installment sale as governed by the State of North Carolina. Additional specific information is detailed on the installment agreement.Down Payment: A minimum down payment of twenty-five percent of the total purchase price of the computer system is required to participate in the payment plan. The exact down payment must be an amount such that the remaining balance to be financed is an eligible amount as described above. The down payment must be made by cash, credit card, personal check, or Flex points.Payment Schedule: Eligible buyers may elect a repayment schedule from two to seven installments, depending on the number of semesters until their anticipated degree date. Payments are due, along with tuition and fees, prior to the start of each subsequent semester, or two payments per year. Fall semester purchases will appear on Bursar statements prior to the spring semester, and vice versa.Interest Rate: For the academic year 2019-2020, payments are calculated using an interest rate of 7.0% APR.Default: Students whose enrollment at the University is suspended or terminated for any reason are required to repay any remaining balance immediately. Payment terms are not affected by leaves of absence or sabbaticals.
Accreditation:Southern Association of Colleges and Schools Commission on Colleges (SACSCOC)
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