2016-2017 Student Meal Plans
UTM'S STUDENT MEAL PLAN DEFINED
The University of Toronto Mississauga Student Meal Plan:
- is a Declining Balance, À La Carte Meal Plan
- has a Basic Account that is tax exempt based on the 50% Overhead Model
- has a Flex Account providing you with flexibility
- requires a Student Meal Plan Sticker
- has a Minimum Commitment
- has Carryover Privileges
Loosely translated, a Meal Plan that is Declining Balance, À La Carte means that you pay for what you want, when you want.
Here's how it works:
Whenever you make a food or beverage purchase, the purchase value comes off of your Student Meal Plan balance (Declining Balance). And if you want to purchase an entire breakfast meal, or if you just want a coffee and a muffin in the morning, or even if you don't want to eat anything until late afternoon, then you are free to do so. You can skip breakfast (we won't judge) or eat 3 burgers for dinner (still not judging) - your Student Meal Plan does not dictate your eating habits, you do. This is because you can purchase as much or as little as you want any time during the day (à la carte).
Your Basic Account is the tax exempt portion of your Student Meal Plan. Any purchase of prepared food or beverages on campus, including branded outlets like Tim Hortons and Starbucks (with the exception of purchases at the Blind Duck and from Food Trucks) qualifies as a Basic purchase. Coffee, sandwiches, pizza, sushi, etc...these purchases are all considered Basic purchases.
Your Basic Account is divided up into Basic Dollars and Overhead. Your Basic Dollar amount is the value of the Basic Account that gets placed on your TCard. Your Basic Dollar Balance will be the amount that you will see on your Portal if you login to track your spending, and it will be the amount that you will see at the cash register and on your receipt after you make a Basic purchase. Basic Dollars represent 50% of your Basic Account.
Overhead represents the remaining 50% of your Basic Account. The Overhead amount is not added to your TCard and does not appear anywhere on your Portal. The Overhead is used to pay for heating, hydro, rental, maintenance, labour, and other fixed costs associated with the Student Meal Plan program. Consequently, you are only required to use your Basic Dollars to pay for 50% of the purchase price of Basic items.
Your Flex Dollars can be used to purchase all items that don't qualify for tax exemption and, therefore cannot be purchased using Basic Dollars. Specifically, convenience, confectionary, and grocery items can only be purchased using your Flex Dollars. Your Flex Dollars can be used to purchase items from vending machines with card readers, the Blind Duck and the Duck Stop, participating Food Trucks on campus, Pizza Pizza and Pita Pit off-campus delivery, and Sheridan College - Trafalgar Campus (Tim Hortons - B-Block and Trafalgar Marketplace only).
In order to gain access to your Basic Dollars, you MUST obtain your Student Meal Plan Sticker from Hospitality & Retail Services for your TCard. The Student Meal Plan Sticker lets the cashiers know that you have Basic Dollars on your Student Meal Plan Account so that they can charge qualifying purchases accordingly. Without the Sticker, all of your prepared food and beverage purchases will be charged to your Flex Account and will not enjoy the benefit of the tax savings.
It is your responsibility to obtain the Student Meal Plan Sticker. Any purchases made prior to you getting your Student Meal Plan Sticker will not be adjusted.
To obtain your Student Meal Plan Sticker, please visit the Hospitality & Retail Services table during First- or Upper-Year Move-In Days between 9am and 4pm, or, otherwise, visit the Hospitality & Retail Services Office (DV3127) from Monday to Friday (excluding holidays) between 9am and 4pm. Please remember that, if you have to replace your TCard for any reason, you will also need to visit our office to update your card information and to get a new Student Meal Plan Sticker.
The Minimum Commitment is the minimum level of Basic Dollar spending required - any of your Basic Dollars remaining at the end of the school year over this minimum level of spending are eligible for carryover into the following year.
At the end of the school year, any remaining Basic Dollars (including the accompanying Overhead) above the minimum level of spending and any remaining Flex Dollars are moved into a RezCarryOver account. This account will appear on your TCard on the first day of Summer School, and expires on the last day of the following school year.
Your RezCarryOver funds become taxable; these funds can still be used to purchase all items that you were purchasing with both your Basic and Flex Dollars before, but they are not eligible for tax exemption on any purchases.
You do not need to live in Residence the following school year in order to have access to your RezCarryover funds. You can use these funds throughout the summer if you decide to take summer courses. You do not need a Student Meal Plan Sticker to access these funds. If you do decide to live in Residence the following school year, RezCarryOver funds will appear on your account separate from your Basic and Flex Dollars from your new Student Meal Plan and can be used to make the same purchases as you would using your Flex Dollars.
For the specific Basic and Flex Dollars amounts for the 2016-17 Student Meal Plans, please see Guidelines for Student Meal Plan Selection.