Student Laptop Loan Agreement

I agree that I am responsible for returning this laptop on time in the same condition as when I borrowed it. I understand that:

1. If, after a Viterbi IT staff inspection, it is determined that I damaged the laptop screen, hardware and/or casing, I will be charged repair or replacement costs.
2. If, after a Viterbi IT staff inspection, it is determined that I did not return all cables or accessories, I will be charged replacement costs.
3. If I tamper with the equipment, I will be charged to repair or replace the laptop and any cables or accessories and may also be subject to disciplinary action.
4. For short-term laptop loaners: If I fail to return the laptop on time to the same location from which I borrowed it, I will be fined $20 for the first 30 minutes and $20 for each successive 30 minutes after the due time, up to the total cost of a replacement laptop.
5. For long-term laptop loaners: If I fail to return the laptop on or before the agreed-upon return date, I will be fined $250 for the first week and an additional $250 for each subsequent week, up to the total cost of a replacement laptop.
6. Viterbi IT is not responsible for damage to data caused by viruses that may exist on the network or are spread through the network or from software malfunctions.
7. Viterbi IT is not responsible for damage to external drives or any other devices plugged into the laptop.
8. For short-term laptop loaners, I cannot save files on the laptop’s hard drive and must save my files by copying them to another location (for example, a USB flash drive). All files left on the laptop will be erased. Viterbi IT accepts no responsibility for lost files.
9. For long-term laptop loaners, all files left on the laptop will be erased upon return of the laptop. Viterbi IT accepts no responsibility for lost files.
10. I agree to abide by USC’s Computing Policies: https://policy.usc.edu/usc-policies/policies-by-topic/information-technology/.

I understand that I am responsible for its return by borrowing this laptop. I agree never to leave the laptop unattended or in someone else’s care. If the laptop is stolen while on loan to me, I am responsible for the entire replacement cost of the equipment.