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What is a Declining Balance Account?

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A declining balance account is a pre-paid debit account on your Warrior OneCard. There are two separate declining balance accounts on your card: General Funds and Meal Money. • General Funds can be deposited into your account at the Automatic Deposit Machine (ADM) in the Campus Center, or at the Business Office. • Depostis can be made as often as neecd. • The Business Office accepts cash and checks. Funds are generally available to use by the following business day. • The ADM will accept $1, $5, $10, or $20. Funds deposited in the ADM are available for immediate use. • General Funds will remain active onyour account as long as you are a current WLC student. • Meal Money comes with the purchase of a meal plan and can be used at various locations on campus. • Meal Money will transfer from the fall semester to the spring semester only. • Meal Money can only be used for meals and food on campus. • If you run out of Meal Money it is recommended that you add funds to your General Funds.

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For the student living a distance from campus, the Declining Balance Account is a convenient alternative to the All Campus Meal Plan. The Declining Balance Account allows the student to deposit funds at any time. The account is accepted at all Gator Dining locations. There is no fee to establish the account and no minimum balance to maintain. Any unused balance carries forward from semester to semester and from year to year until you graduate or leave school. Its fast just scan and go. Its convenient and safe no need to carry cash on campus. It may also be used at any campus dining location and convenience store.

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The declining Balance Account is an on-campus debit account. It functions much like a bank debit account except that cash withdrawals are not permitted. Declining balance transactions occur on-line; the prepaid account balance is reduced by the amount of each purchase. Funds can be easily transferred at the Brown Card Value Center (CVC) on-campus from the Declining Balance Account to the card’s vending stripe for vending purchases.

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The declining Balance Account is a debit account that you can use to make purchases at merchants and vending machines at the College. It functions much like a bank debit account except that cash withdrawals are not permitted. Declining balance transactions occur online; the prepaid account balance is reduced by the amount of each purchase. Funds can be easily added at one of the Account Management Centers in the Farley Learning Resources Center and at the Stoico Business Technology Building or at the Student Accounts office in the Commonwealth College Center.

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