Word: refundability
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Dates: during 2000-2009
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During the winter of the 1977-1978 school year, the breakfast debate became complicated as several news issues came to light. First, the state announced that it would decrease its meal tax, forcing the College to refund a surcharge of $15.50 or treat the money as an increase in board fees of that same magnitude. This raised the question of whether the extra money should be used to reinstate hot breakfasts in all the Houses...
...buyback day, students would get less cash than they do now, but the Coop computers would keep track of how little it paid each student for each book. This wouldn’t be hard—the Coop already keeps track of our purchases and sends us refund checks at the end of the year...
...among the two-thirds of U.S. taxpayers anticipating a refund check or already clutching one, the question is, What will you do with it? The majority of you will spend your refund--averaging $2,000 this year--or simply stick it in the bank (where it will earn 1.4% interest, on average), according to a survey by Cambridge Credit Counseling, a not-for-profit adviser to debtors. Chances are you can do better. Here...
REFINANCE YOUR MORTGAGE. With 30-year fixed rates averaging about 5.8%, one-quarter of homeowners could still benefit from refinancing. If you haven't refi'ed because you couldn't muster closing costs, your tax refund could be the ticket. Cutting the interest rate on a $200,000 mortgage from, say, 7% to 5.8% saves some $150 a month. (Simply applying a $2,000 tax refund against the principal on that 7% loan would slice about a year off its term...
While Morris said that he did not know anything about a refund, Corker said yesterday that “We are working to address people’s concerns...