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Whereas,
pursuant to Article 129-a of the Education
Law, any college chartered by the New York State Board
of Regents or incorporated by special act of the New
York State Legislature shall establish an official college
credit card marketing policy; and
Whereas,
such official college credit card marketing
policy shall prohibit the advertising, marketing, or
merchandising of credit cards on college campuses to
students, except as provided in said policy; and
Whereas,
Article 129-a requires that the penalties
for individuals violating such official credit card
marketing policy be clearly set forth therein;
Now,
therefore, let it be known that Rochester
Institute of Technology's governing board has adopted
the following official college credit card marketing
policy on February 16, 2006.
- Prohibition.
The advertising, marketing, or merchandising
of credit cards to students on the campus of Rochester
Institute of Technology is strictly prohibited, except
as provided in paragraphs 3 and 4.
- Penalty.
Any individual visitor, licensee, or invitee
on said campus found violating this policy shall be
banned from the campus for a period of two years and
any credit card issuer represented by said visitor,
licensee, or invitee shall be banned from the campus
for a period of one year. Any student, faculty, or
other staff found violating this policy shall receive
a warning and be subject to disciplinary action as
outlined by appropriate university policies.
- Restrictions.
The following restrictions shall be imposed
on any individual wishing to advertise, market, or
merchandise credit cards, hereinafter referred to
as “marketer”, on the campus of Rochester Institute
of Technology:
-
The marketer shall register with Office of the Senior
Vice President of Finance and Administration and
receive express
written
authorization to be on campus property for the purpose
of advertising, marketing, or merchandising of credit
cards.
-
The marketer shall be restricted to the locations
specified by the Office of the Senior Vice President
of Finance and Administration.
- The
marketer shall be restricted to the hours specified
by the Office of the Senior Vice President of Finance
and Administration.
- There
shall be no posting of flyers, posters, or other
forms of information on any college property for
the purpose of advertising,
marketing, or merchandising of credit cards, except
on the day the marketer is on the campus, provided
that it is limited to the immediate vicinity where
the marketer has permission to operate.
- There
shall be no inducement or gifts provided to the
student in exchange for completing a credit card
application.
- The
marketer shall provide to each student applying
for a credit card a pamphlet provided to the marketer
by Student Financial
Services office that provides students with information
about good credit management practices, including
how to access any information or services provided
by the New York State Consumer Protection Board.
-
Exemptions. This policy does not
apply to any advertising, marketing, or merchandising
of credit cards by either the college or an agent
of the college to non-students, nor does it prohibit
the advertising, marketing, or merchandising of credit
cards to students through direct mail, newspapers,
magazines, or within any banking institution located
on the campus or of any affinity-based credit card
program to which the college is a party.
Dated:
_________________
___________ ___________
James H. Watters
Senior Vice President
for Finance & Administration
File
this policy with:
New
York State Education Department
Office
of College and University Evaluation
5
N Mezzanine, Education Buildin
Albany
, New York 12230
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