Major Retailers Want to Give Our School Money!

Dear Parents,

We’re pleased to share some exciting news about a tuition program for our school.  It’s called “scrip”, and it’s the tuition program that works while you shop.

Scrip is simply a word that means “substitute money” – in other words, scrip is gift certificates from national and local retailers.  They’re the same gift certificates that you buy at the store.  Many popular retailers participate in our scrip program including JCPenny, The Gap, Shell, Pizza Hut, Red Lobster and many, many others.

Scrip Program – This program is the purchase by the School of gift cards or merchandise certificates from a merchant or reseller at a discount from the face value of the cards/certificates.  The School then sells the cards/certificates to parents, family members, or the general public at face value.  A portion of the discount is used as administrative expenses. 

Shared Rebate Program – The school shares the profit of the transaction with the purchaser, after the applicable administration fee is deducted, with the following options:

(a)    to designate the shared rebate for the benefit of the School (net amount would be tax deductible by the purchaser)

(b)    to designate the rebate for a particular tuition account (not tax deductible)

(c)     to retain the rebate for themselves in the form of cash (not tax deductible)