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If I enroll in the GATE Laptop Loan and then leave Rose-Hulman, am I still liable for repaying the cost of the computer?

April 26, 2017Computer COST Gate laptop leave liable loan repaying rose-hulman

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If I enroll in the GATE Laptop Loan and then leave Rose-Hulman, am I still liable for repaying the cost of the computer?

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Yes. If you leave Rose-Hulman, you are still responsible for the balance on your loan. While you may be able to sell the unit to someone else, Rose-Hulman does not provide resale services. However, the Institute may have the names of other students who wish to purchase your computer. Rose-Hulman is under no obligation to buy back the laptop computer.