 |
|
St. Mary's News: |
|
 |
|
Our Mission Statement: "The Mission of St. Mary’s Catholic School is to provide an intellectually challenging, academic advantage for elementary students in a supportive family environment based on the teachings of Jesus Christ and the traditions of the Catholic Church." |
|
The "Straight Scoop" on our Scrip Tuition Credit Program What is "Scrip"? "Scrip" is another name for gift certificates. Companies that participate, sell gift certificates to our school at a discount, and we sell them at face value to earn money for our school. For instance, our school can buy a $25.00 gift certificate/scrip for $23.00, sell it for the face value of $25.00 and earn $2.00 as profit. Each company has its own percentage of discount it offers. What is the "Scrip Tuition Credit" Program? This year we begin our new "scrip tuition credit" program. It is an incentive for school families and their friends to buy scrip. By splitting the profit from each scrip purchased between each family account and St. Mary's School, credit is earned for each family scrip account number used. Here's how it works: On Parent Night each family was issued a Family Scrip Tuition Credit Account Number. You will use this account number each time you or your friend(s) buy scrip from our school. With each scrip purchase, 40% of the profit goes into a family's scrip account - (the other 60% goes to the school). Scrip purchased under a family scrip account number earns money (in the form of a credit) all year long. At the end of the school year, each family will receive a statement indicating the amount of credit their scrip credit account number has earned from scrip purchases. You can do one of three things with this credit:
|
