Authority: Vice Chancellor for Finance and Administration
History: First Issued: April 23, 1974. Last Revised: November 21, 1997.
Contact Info: NCSU Bookstore Director (919-515-2161)
1. The Students Supply Stores of North Carolina State University is approved in accordance with General Statutes 66-58(c)(3), as amended, to operate in conformity with the following requirements:
1.1 Profits from the operation shall be used exclusively for awarding scholarships to defray the expenses of students attending the institution;
1.2 The merchandise sold shall be limited to educational materials and supplies, gift items, and miscellaneous personal-use articles;
1.3 Sales are limited to employees of the institution and members of their immediate families, to duly enrolled students and their immediate families, and to other persons who are on campus other than for the purpose of purchasing merchandise from the Students Supply Stores;
1.4 No off-campus advertising by the store nor mail order purchases by other than enrolled students and employees and their immediate families is permitted;
1.5 No discounts below stated shelf prices are to be offered any individual or class of persons but are permitted to University departments who buy in quantity;
1.6 The Students Supply Stores shall not be used as an agency for special orders of any item at wholesale prices on behalf of any individual buyer;
1.7 An annual audit shall be performed by an independent firm and copies of the audit report sent to the Officers of North Carolina State University, the Board of Trustees, the Chairman of the Students Supply Stores Committee, and to the principle officers of Student Government;
1.8 The allocation of profits, as certified by the Vice Chancellor for Finance and Administration, between general scholarship aid and athletics grants-in-aid shall be made annually by the Chancellor.
2. The Students Supply Stores shall be operated by a manager responsible to the Vice Chancellor for Finance and Administration; and the Vice Chancellor for Finance and Administration shall be advised with respect to merchandising policies by a committee of faculty and students appointed by the Chancellor.