Dining Dollars
Dining Dollars are the 'points' you use to make purchases at all Dining Services locations other than John Jay Dining Hall (which accepts points- it just costs around 13 bucks, why would you do that?). For first year students, they are part of your meal plan, while upperclassmen can purchase them separately. Upperclassmen, and first years who run out of points, can add more points to their account at any time through SSOL. Dining Dollars do not expire, they roll over to the next semester until you graduate. Then they expire.
Dining Services offers discounts to upperclassmen who purchases points and meals in bulk over the summer in advance of the year. A student once calculated that it's possible to buy enough points so that with discount, if you use those points just to eat at John Jay Dining Hall, it would be cheaper than to purchase the equivalent number of meals. And even then you'd have the flexibility of eating elsewhere.
An advantage of using Dining Dollars to make purchases instead of Flex is that there is no tax on your dining dollars purchases.
"Every month, I get $100 of dining dollars. When it comes up on the bill, my parents think it's some kind of standard charge."
First Year Points
Technically speaking, first years 'First Year Points' with their meal plan. The major difference between First Year Points and Dining Dollars is that the FYP allotted with the meal plan you overpaid for do not roll over. For example, if you get the 500 point plan, you get 500 points for the Fall, and an additional 500 points for the spring. If you don't spend them all by the end of the Spring semester, they disappear forever. Consider just buying tons of water bottles and non-perishable groceries from JJ's Place in the Spring to make sure you get your money's worth somewhat. Throw a giant chips and soda party. Ship the stuff home. Whatever. If you have too many points at the end of the semester, Iris (the JJ's Place cashier) will berate you.