# Flex dollar

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> Source: https://en.wikipedia.org/wiki/Flex_dollar
> Source revision: 1336231852
> License: Creative Commons Attribution-ShareAlike 4.0 International (https://creativecommons.org/licenses/by-sa/4.0/)

'''Flex dollars''' are a form of payment used at large institutions, especially [universities](/source/universities). [Georgetown University](/source/Georgetown_University), [James Madison University](/source/James_Madison_University), [University of Toronto](/source/University_of_Toronto), [Saint Mary's University](/source/Saint_Mary's_University_(Halifax)), [Queen's University](/source/Queen's_University_at_Kingston), [University of Waterloo](/source/University_of_Waterloo), [McMaster University](/source/McMaster_University), [University of Western Ontario](/source/University_of_Western_Ontario), [University of Ottawa](/source/University_of_Ottawa), [University of Utah](/source/University_of_Utah), [York University](/source/York_University) and [Messiah College](/source/Messiah_College) are all schools that use this system.  Flex dollars are not common tender, but rather [scrip](/source/scrip) or local currency that can be used to purchase items such as food, snacks, and school supplies.<ref>{{cite web
 |title=Dining and Flex Dollars
 |url=https://brocku.ca/dining-services/flex-dollars/
 |website=Brock University
 |access-date=28 January 2026
}}</ref>

In insurance, flex dollars are used to assign values to an employee's benefits. The employee instead of having a deductible or a certain percentage of coverage is assigned a pool of flex dollars to assign as they are required. The obvious advantage to this is the ability to assign a much larger amount of coverage to one area while not being covered in another world.

==See also==
{{Portal|Money}}
* [Money](/source/Money)

== References ==
{{Reflist}}

==External links==
* [https://www.muhlenberg.edu/offices/businessoffice/forstudents/bergbucksaccount/ Berg Bucks Program] at [Muhlenberg College](/source/Muhlenberg_College)

{{Means of Exchange}}

Category:Local currencies

{{Money-stub}}

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Adapted from the Wikipedia article [Flex dollar](https://en.wikipedia.org/wiki/Flex_dollar) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Flex_dollar?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.