What happens if I leave the University of Bristol before the end of the 36-month agreement?
An employee who leaves for any reason will have to purchase the equipment for an amount equivalent to the monthly gross salary deductions remaining in the three-year agreement. To clarify, the value will be equal to your gross salary reduction per month multiplied by the number of months remaining to the end of the Term. Thus, if the monthly rental value is 10 and you left after 18 months, the balancing 18 payments if 10 would be deducted from the final payment of salary. This deduction will be from net pay. FAQ list Q3. If I take up the scheme will I have to go through credit checks? No. This is because you are not borrowing money at any time, as although you have exclusive use of the computer equipment, technically it doesn’t belong to you but is on loan from the University of Bristol. FAQ list Q4. Do I have to be a first time computer owner to take advantage of the scheme? No. Although the scheme has been introduced to encourage computer ownership among those who do not have a compu
