Agenda Item Background
| To: | Board of Regents Business Affairs and Audit Committees | Date: October 22, 2015 |
|---|---|---|
| From: | Mr. Gregory Rush, Acting Vice President of Business Affairs | |
| Subject: | Approval of Revised Board Rates and Plans | |
| Reason for Consideration: | Approval | Enclosures: Yes |
The Meal Plans offered in the recently signed contract with Perkins Management require the approval of new rates.
| All Residents Students | |
| 10 meal plan with $300 Flex Dollars | $1,675 |
|---|---|
| 15 meal plan with $200 Flex Dollars | $1,675 |
| 225 block meal plan with $150 Flex Dollars | $1,675 |
| Commuter Meals | |
| 5 Meal Membership with $200 Dining Dollars | $652 |
| 50 block with $250 Dining Dollars | $594 |
| $300 Dining Dollars | $300 |
| 20 Block with $50 Dining Dollars | $180 |
| Proposed Board Rates | |
| All Residents Students | |
| 19 meal plan with $200 Declining Balance | $1,675 |
| 15 meal plan with $300 Declining Balance | $1,675 |
| Commuter Meals | |
| $400 Declining Balance Value | $371 |
| 10 weekly meal plan plus $150 Declining Balance | $905 |
| 5 weekly meal plan plus $200 Declining Balance | $492 |
Note: Students residing in residence halls are required to have a meal plan.
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