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DEFINITION of 'Flex Dollars' 1. A local electronic currency used by some universities to facilitate students' purchases of food and snacks under the school's meal plan. Flex dollars are usually intended for in-between-meal food purchases; meal purchases are generally covered by a separate component of the overall meal plan. 1. A local electronic currency used by some universities to facilitate students' purchases of food and snacks under the school's meal plan.  Topics What's New
If you have applied for an FHA mortgage or USDA Rural Development Loan and are not delinquent on federal debt and/or do not have a federal tax lien outstanding, then no worries--the check is a mere formality. FHA World - FHA CAIVRS. To be able to close on a FHA loan you must have what's called clear CAIVRS. Which means you must not have any outstanding defaulted loans with the federal government. FHA applicants must be screened and lenders have to check the CAIVRS database.