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  • What is Scrip Fundraising?

    Dear STRS Parent:

    We’re pleased to share some exciting news about our D.O.T. (Dollars Off Tuition) program for our organization.  It’s called “scrip,” and it’s the fundraising 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 JCPenney, The Gap, Shell, Pizza Hut, Red Lobster and many, many others.  

    You’re probably asking yourself how these stores help us raise money.  It’s simple -- scrip participating retailers agree to sell gift certificates to Great Lake Scrip organization at a discount. Member families like yours buy the certificates for full face value, they redeem them for full face value, and you keep 70% the difference of the rebate as credit towards tuition.  And scrip is exciting, because everybody wins:

    •The retailer gets cash up front and repeat business…

    •You get a powerful fundraising alternative that allows you to keep 70% of your rebate as credit for tuition.  

    •Our school gets 30% of the rebate difference as revenue to cover shipping and administrative cost.

    •Example:  You purchase $1000 face value Acme gift card and the rebate is 4%.  You will receive $28 credit and STRS earns $12.  

    •Distribution summary is run at the end of each school year in the first week of June.  All family rebates earned during the current school year will be deducted off your tuition and applied through the FACT system for the following school year. 

    The beauty of scrip is that you put your regular household shopping dollars to work. You earn money for you and our school without spending a single additional penny.  Just spend your regular shopping dollars with scrip at the stores that participate in the scrip program!  And scrip can be used for just about any household purchase including food, clothing, entertainment, gasoline and even dining out.

    Enrollment Code to participate in STRS D.O.T. program is:  D7B7AFL61L635

    Website:  Shopwithscrip.com

    *Make sure you sign up for Presto Pay.  This is the only way you can pay for all your scrip orders.  

    Sincerely,

    Sister Nancy

            &

    Nicole Sammartino

    Nik6@comcast.net

    Scrip Flyer

     

     

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