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Off Campus Term Meal Plan

 
Old 07-20-2011 at 02:52 PM   #1
MeganB214
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Off Campus Term Meal Plan
Im checking out the off campus meal plans for next year and I'm a bit confused on the Term Plan.
I know you save the 13% tax on purchases, but im confused on how the payment plan and terms work.

Can anyone who has used this before clarify how exactly it works? Thanks!
Old 07-20-2011 at 02:57 PM   #2
Leeoku
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if i recall
the 13% has a set date on it. I.E. for residence people u must use it all by the end of theyear. U could add to it also, im not sure if the expiry date is the same (flex dollars)
the next unit had a 7% discount. this was the freedom plan. they had no expiry date, could be used for off campus restaurants (east side mario etc) and can be carried over to next yaer
Old 07-20-2011 at 02:59 PM   #3
jhan523
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Quote:
Originally Posted by MeganB214 View Post
Im checking out the off campus meal plans for next year and I'm a bit confused on the Term Plan.
I know you save the 13% tax on purchases, but im confused on how the payment plan and terms work.

Can anyone who has used this before clarify how exactly it works? Thanks!
You pay in advance as usual. The price depends on how long you want your meal plan to last. All the money goes into your Basic Account so once your meal plan term is over (depending how much you pay), you lose the money. You can also pay more during the year to extend your meal plan term. I did the math in another thread, but I'm sure you can handle calculating how much you would need to spend every weekday to use up all the money by the end of the term.

Some random information or things you should look into:
Is it worth having 2 term meal plans (one for first term and one for second term and therefore not paying for the exam months)
How much would you need to spend everyday
Are you only looking to buy food on-campus or would you like to buy food off-campus as well.

Quote:
Originally Posted by Leeoku View Post
if i recall
the 13% has a set date on it. I.E. for residence people u must use it all by the end of theyear. U could add to it also, im not sure if the expiry date is the same (flex dollars)
the next unit had a 7% discount. this was the freedom plan. they had no expiry date, could be used for off campus restaurants (east side mario etc) and can be carried over to next yaer
Flex and Freedom both do not expire and can be interchanged. But only residence people are allowed to have a flex account.
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Jeremy Han
McMaster Alumni - Honours Molecular Biology and Genetics
Pennsylvania College of Optometry at Salus University Third Year - Doctor of Optometry

MeganB214 says thanks to jhan523 for this post.



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