PRP 2651 - Regulation of Credit Card Marketing on Campus

PRP 2651 - Regulation of Credit Card Marketing on Campus

Issued by: Richard Rugen, Vice President, Administration and Finance

Effective Date: December 14, 2004

Notes: Interim Policy Fall, 2004

Endorsed by Forum - March 2, 2005

On July 15, 2004 the legislature enacted ACT 82 of 2004 (Senate Bill 157) requiring universities to adopt a policy that regulates credit card marketing on Pennsylvania State System of Higher Education campuses. As such, Bloomsburg University has adopted the following rules and regulations by which credit card marketers must abide:

Registration is required by all credit card marketers via the Application for Approval of Fundraising/Service Projects on the Campus of Bloomsburg University, which is available by contacting the Student Activities Office.

Credit card marketers are limited to specific areas of the campus to be designated by the institution.

Credit card marketers are prohibited from offering gifts to any students in exchange for completing a credit card application unless the student has been provided credit card debt education literature, which includes, but is not limited to, brochures or written electronic information.

Credit card marketers must provide at least quarterly, credit card debt education literature that the university may include with campus bookstore purchases.

Credit card marketers must provide the university with the necessary materials to incorporate a credit card debt presentation into the orientation programming.

Violations of these rules and regulations may result in loss of future space for the vendor.