Title

Ithaca College policy requires student to follow specific procedures when purchasing/gifting gift cards.

  • When a gift card is awarded as a prize, the receiver is required to sign a prize receipt

  • A gift card cannot be used or awarded for any establishments that sell alcohol

  • Any items containing alcohol cannot be purchased with student organization funds, whether the funds are IC Funds or Raised Funds.

  • Gift cards may not be used as payment in return for goods or services.

  • All gift cards must be approved by the Student Organizations Business Coordinator. Student Organizations that purchase unapproved gift cards may result in loss of┬áprivileges.

A prize receipt must be signed for any prize or gift, including non-gift card prizes.

Student organizations who give out cash prizes at events should note that all cash awards (prizes) to faculty, staff, and students must be awarded with the notation that the recipient bears all tax liabilities for the cash payment as if it were income.