From Sue Palmer and Dick Adamson:
In the wake of the recession, Congress made significant changes to federal consumer protection laws. The changes were intended to improve U.S. consumer credit health and include a number of regulations that affect financial transactions. Some of the new regulations target financial transactions at colleges, while others include higher education more generally in their scope.
In order to be in full compliance with the new federal regulations, miscellaneous charges to employee billing accounts is no longer allowed.
Miscellaneous charges no longer allowed include bookstore, food, beverages, duplicating, and event charges. Allowable items that could still appear on your employee billing account include tuition, applicable fees, finance charges, and campus fines.
Meal purchases are among the most frequently charged items on campus. The CSB and SJU Culinary and Dining Services offer prepaid meal plan options, called Dining Bucks, that employees may purchase for use at the dining facilities on both campuses.
All colleges in the country must align their billing practice to the new federal regulations. You can use cash or check for nearly all purchases on campus. If you prefer to use credit, many areas on campus including the Culinary/Dining services, bookstore, and other locations - will accept debit or credit cards for payment. You may also use debit or credit cards for on-line sales.
We ask for your cooperation and understanding during the transition period. If you have any questions, please visit the e-Community website or call CSB Student Accounts
at 363-5387 or SJU Student Accounts at 363-2193.