GRCC in the News – 8/17/12
Improper fees: Company used by GRCC must repay $11 million to students
Published: Friday, August 17, 2012, 8:00 AM | Grand Rapids Press | By Brian McVicar
GRAND RAPIDS, MI — A company Grand Rapids Community College – and hundreds of other higher education institutions – partners with to provide tuition refunds to students has been fined for charging improper fees. Under a settlement with the Federal Deposit Insurance Corp., Higher One Holdings Inc. must pay a $110,000 civil fine and refund approximately $11 million to 60,000 students nationwide. In addition, the FDIC said Bancorp Bank, which issued the OneAccount debit card administered by Higher One, is paying a $172,000 fine. (More)
Grand Rapids zoning board denies variance for cafe on Jefferson Avenue SE
Published: Thursday, August 16, 2012, 3:24 PM | Grand Rapids Press | By Matt Vande Bunte
GRAND RAPIDS, MI – A permit needed to operate a 36-seat café in a vacant commercial building got denied today by the Grand Rapids Board of Zoning Appeals because the property sits in a residential district and lacks adequate parking. [...] “It has been a longtime dream for me and my wife to open up a restaurant in that particular building,” said Lott, noting that he recently graduated from Grand Rapids Community College’s culinary training program. (More)
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