Algoma University will be offering textbook rental services at the campus bookstore this fall. Rent-A-Text will provide a textbook rental option, which can save students 50 percent or more off the price of new textbooks.
"We are eager to launch Rent-A-Text because we are committed to providing students with affordable textbook choices," said Tom Mauro, Director of Ancillary Services at Algoma University. "This initiative will reduce the overall cost of attending university for our students, making a degree more accessible for them."
Algoma University's textbook rental program will:
* Be available to students in-store and online with in-store pick up
* Allow students to chose a preferred form of payment, including financial aid and campus cards
* Allow students the freedom to highlight and take notes all within the normal wear and tear associated with coursework
* Give students the option to buy their textbook if they decide to keep the book
Rent-A-Text will be offered through Algoma University's ongoing partnership with Follett Higher Education Group. The program is based on Follett's successful U.S. rollout that saved students more than $120 million on their course materials in just one academic year. More than 90 percent of students surveyed who rented textbooks expressed satisfaction with the pilot program.
"We have been at the forefront of cost-savings programs for more than a century," said Thomas A. Christopher, President of Follett of Canada. "Helping to reduce the costs of higher education is part of our mission and we look forward to working with Algoma University to deliver substantial textbook savings to students."
Follett's Rent-A-Text will be available at more than 800 campuses across North America for the 2011 academic year. For more information, visit www.rent-a-text.com or www.facebook.com/rentatext.
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