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Matters of Money » Use SCRIP to Save

Use SCRIP to Save


SCRIP—It’s a TRIP!

Tuition Reduction Incentive Program

Defining Scrip…

Scrip is simply a word that means “substitute money.”

What is Scrip?

SCRIP is a program utilizing local and national merchants. You order Scrip money (in the forms of cards, certificates or checks) that you spend instead of cash. When you shop at the hundreds of merchants using your Scrip money, they reimburse our school a percentage of the sale.  It's easy, and you can choose to receive tuition credit for the money that you spend!  

Who Can Use Scrip?

Anyone! You do not need to have children attending St. Edward Catholic School. If you are a St. Edward parishioner, you're encouraged to utilize our Scrip program for all of your shopping needs as a way to support our church, our parish community, and our school. You can even designate your earned credit to go towards the tuition of a specific family at St. Edward’s School or simply a school family in need. What a beautiful way to give, simply by shopping with money you're spending already!

How Is Scrip Applied?

St. Edward School participates in the Scrip program to keep our tuition costs down and to financially support the school and parish. Profits realized from your scrip purchases are divided equally between the Children’s Fund (school) and whichever other cause you choose to donate (Parish, Current St. Edward Student Tuition or Future St. Edward Student Tuition). 

How Do I Get Started?

Simply complete a Scrip order form today and return it to the office with cash or a check!  Check off the items you want for your shopping. You'll receive Scrip cards in return. It's that simple. You save money on your child's tuition simply for shopping at places you shop at anyway! Just spend your regular shopping dollars by using Scrip cards and certificates at the stores that participate in the Scrip program! Scrip can be used for just about any household purchase including food, clothing, entertainment and gasoline!

How Much Tuition Credit Will I Receive?

Each time you purchase Scrip through St. Edward, that purchase is recorded in your family’s account. For example, if you purchase $200 of Wal-Mart gift cards(2% Contribution) each week throughout the year  through our Scrip program, your credit of $208 will be divided in half with $104 going to the school and the other $104 put  into your family’s account. Then every April, 100% of your saved credit will be applied toward your tuition bill.  If you utilize Scrip regularly for your family’s food, gas, clothing and entertainment, that could add up to several hundred dollars or more off of your tuition bill each year!

You may also begin saving before your child enters preschool or kindergarten. Your banked credit is tracked for up to three years or until your child begins school at St. Edward, your tuition credit automatically is deducted from your tuition at the beginning of your school year.

Who Can I Call If I Have More Questions?

If you have additional questions, please contact our SCRIP coordinators!

 

Deb Coombs        810-359-5534

Lynn Heithoff        810-385-5093

 

 







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St. Edward on-the-Lake Elementary School
We are the Lakers, Keepers of God's Creation
6995 Lakeshore Road, Lakeport, MI 48059
ph. (810) 385-4461 fax (810)385-6070
stedwardschool@hotmail.com