Computer Loan Lottery

Full-time, regular staff members at the LMU Westchester campus and the Law School are eligible for two-year, no-interest loans up to $2,200 to purchase a computer system (a laptop, desktop, or tablet) and any related software or peripherals purchased together as part of a system. These loans may be used for personal and professional use and growth in computer literacy. There are a limited number of loans available each year, so a lottery will be held on Wednesday, November 23, 2016. The winners and alternates will be notified by email and names will be posted on this website.

What is it?
It is a two-year no-interest loan up to $2,200 to purchase a computer system (a laptop, desktop or tablet) and any related software or peripherals purchased together as part of a system. Repayments of the loan will be made through automatic bi-weekly payroll deductions in 52 equal payments.

Who is eligible?
To qualify to enter the drawing, a staff member must meet all three of the following requirements:

  • Continuous Service: Full-time, regular staff members at the LMU Westchester campus and the Law School with at least two years of LMU continuous service as of Dec. 31, 2016; and
  • No Outstanding Loan: Currently do not have an unpaid computer loan balance with the University; and
  • 20-Months Loan Free: If a previous loan has been issued, you must be loan free for at least 20 months from the pay-off date, which means the previous loan must have been paid off no later than April 30, 2015.

How do I sign up?
To enter online, click on one of the "Submit Your Entry" links on the left panel (Spanish and English versions available).  Forms must be submitted by Tuesday, Nov. 22, 2016 at 12 p.m.

When is the deadline to enter my name?
The lottery entry period ends on Tuesday, Nov. 22, 2016 at 12 p.m. All online entries must be submitted before the deadline.

How will I know if I won?
The drawing will be held on Wednesday, November 23, 2016. A list of winners and alternates will be announced via email and posted on this website.

How does it work? 
Each staff member receives an e-mail with a link to the online entry form. Eligible staff must enter the lottery on or before Tuesday, Nov. 22, 2016 at 12 p.m. to have a chance to win. Online entry forms received after the deadline will not be entered into the lottery. Only one entry per eligible staff member will be accepted. The computer purchase can be made from the vendors of your choice. You may submit quotes from your vendors on their invoice or letterhead to start the loan process. Original sales receipt or email receipt is required to complete the loan paperwork. LMU Information Technology and Law School Information Technology Department do not sell computers nor do they provide technical support to individuals who purchased computers under this program

To learn more about this program, click on the "Frequently Asked Questions" link on the left panel.

Updated: November 10, 2016      by ghatter