Monday, June 28, 2010

Textbook Rental Coming To Tennessee Tech

Beginning this fall, the Tennessee Tech University Bookstore will begin offering a new, multi-channel textbook rental program designed to save students some money. Officials say the program will allow students to rent textbooks for less than 50 percent of the cost of purchasing a new printed textbook. The decision to offer a textbook rental program was a joint decision made by Tennessee Tech and Barnes & Noble College Booksellers.

“In tough budget times for individual students and the university, we want to take every opportunity to help students stretch the dollars they invest in their education,” TTU President Bob Bell said. “We hope this program is one that benefits new and current students when they return to campus this fall.”

Other program features include:

Students can pay the rental fees using any form of payment currently accepted by the bookstore – including campus debit cards. They can highlight or mark the rented books just as they would if they purchased a book and planned to sell it back to the bookstore. And they can convert their rental to a purchase during the first two weeks of class. The rental period is for the duration of the semester, and books are due back at the bookstore no later than 10 days after the last day of finals. Officials say e-mails will go out as the end of the term approaches reminding students to return their books. Books not returned (or returned in unusable condition) will be subject to replacement and processing fees.

“We are committed to providing students with the widest range of content options and price points available,” said Brian Stark, vice president at Barnes & Noble College Booksellers. “Whether students are interested in new books, used, digital, unbundled, or now rentals, they know they can find what they want at the Tennessee Tech University Bookstore.”

Barnes & Noble began piloting their rental program earlier this year at 25 campus bookstores across the country. Response from students where the program was piloted was tremendous. In particular, students like having the option of getting their books immediately—as opposed to waiting for a shipment to arrive—and they appreciated knowing that the books they were renting were guaranteed to be the right books for the classes. More than 90 percent of the students surveyed said they would rent from their campus bookstore again.