WHAT IS SCRIP?
Scrip is paper or plastic money. The gift cards you give and use every day are scrip and are exactly the same gift cards displayed at the supermarket and stores!
HOW DOES SACRED HEART SCHOOL MAKE A PROFIT FROM SCRIP?
Sacred Heart School purchases the gift cards at a discount and sells them at face value. The difference between the discount price and the face value is the profit amount. The profit amount is then applied to your $375 commitment. For example, you purchase $50 of Barnes & Noble scrip, with a discount percentage of 9%. SHS purchased that scrip for $45.50 and sold it to you for $50. The $4.50 profit would be applied to your $375 scrip commitment, leaving you with a balance of $370.50. The gift cards would be redeemed at Barnes & Noble at full face value.
WHAT KINDS OF VENDORS ARE OFFERED?
We offer a wide variety of restaurants, retails stores, grocery stores and gasoline. The most current vendor list and percentages may be obtained through the scrip office. We also have a national list on file in the scrip office that includes vendors from other states as well as hotel.
CAN ANYONE BUY SCRIP AND HAVE IT APPLIED TO MY ACCOUNT?
Absolutely! You can either bring their order in with payment or have them contact the scrip office directly. Be sure the purchaser provides the first and last name of the eldest Sacred Heart School student and current grade, especially if the last name is different than the student’s. Some grades have more than one child with the same last name, so first names are important.
WHAT IS SHOPWITHSCRIP AND PRESTOPAY?
ShopWithScrip.com (SWS) is a convenient way to order gift cards, reload eligible cards, and print a variety of electronic certificates (ScripNow!) from home. Plastic gift cards are distributed through the scrip office while ScripNow! certificates are retrievable through your account. Placing your order through the SWS is the only way to take advantage of the “bonus” percentages offered throughout the year.
PrestoPay is an electronic payment system offered through SWS, linked to your bank account. PrestoPay offers the freedom and convenience of paying for orders electronically. When coupled with PrestoPay, ReloadNow! cards and ScripNow! e-certs ordered through SWS are available within minutes. Both can be ordered through SWS without using PrestoPay, but will not be available until payment is received through the scrip office. PrestoPay charges a small $.15 convenience fee for each total order, not each item. Visit www.shopwithscrip.com to enroll, and contact the scrip office for the school’s enrollment code.
WHAT ARE BACKORDERS AND SPECIAL ORDERS? DO I HAVE TO PAY IN ADVANCE?
A backorder occurs when you request scrip for an item we routinely carry but are temporarily out of stock. If you wish to reserve incoming scrip, payment is required to ensure you receive the gift cards first before they are placed in inventory. Without pre-payment, scrip is sold on a first come basis.
A special order is for scrip we do not routinely carry in stock. This may be a certain vendor or a larger denomination of a routinely stocked vendor. For example, a $1000 Home Depot card would be a “special order.” For delivery within the same week, special orders must be received by 9:00 AM Monday (or Tuesday if Monday is a holiday). Any special order must be paid at the time of the request and are not returnable.
WHAT TYPES OF PAYMENT DO YOU ACCEPT?
SCRIP may be purchased with cash, checks or PrestoPay. Payment must be made at the time of the order, even if not in stock.
If the bank returns a check for any reason, we will request immediate payment of the original amount, plus any bank fees incurred by the scrip account. After 2 returned checks in a school year, we may request that future transactions are paid with PrestoPay, cash or cashier checks only.
If PrestoPay payments are returned for any reason, we will request immediate payment of the original amount, and any fees incurred by the scrip account from ShopWithScrip and the bank. Your PrestoPay account will be locked until the debt is cleared. After two returned PrestoPay transactions in a school year, we may request that future transactions are paid with cash or cashier’s checks. Suspension of PrestoPay and/or check privileges does not alleviate or change your scrip obligation. Sorry, but we cannot “hold” checks for any reason.
HOW DO I KNOW HOW MUCH PROFIT I HAVE ACCRUED?
Our reports are updated regularly and can usually provide you with a printout within two days of your request. All families will receive a report at the beginning of the second and third trimesters. The year-end report issued in late May will reflect the balance due or rebate amount. Any remaining scrip balance is due and payable within a week of the year-end report delivery.
IS THERE AN ADDITIONAL WAY TO EARN SCRIP PROFIT?
You can register credit and debit cards for use through the eScrip mall at www.escrip.com. For most families, eScrip contributions will be less than $5.00 each month. Purchasing gift card/scrip from the scrip office is the only way to have your profits applied immediately to your account.
Sacred Heart School’s Parent Teacher Council (PTC) has several events throughout the year in which monetary contributions are requested. You earn 4% on your contribution amount plus one (1) service hour for every $10.
I DON’T WANT TO PARTICIPATE IN THE SCRIP PROGRAM. MAY I MAKE PAYMENTS?
If you prefer not to utilize the scrip program, the obligation may be added to your monthly FACTS tuition payments by contacting Mrs. Hahn in the school office. Payments will be due in January and March for those accounts with high balances.
WHAT IS A “REBATE?”
When the final reports are sent home in May, if you accrue more than $375 profit, HALF of the amount over $375 may be offered as a rebate. For example, if you accrue $400 in profit ($25 over the $375), you may be eligible to receive $12.50 as a rebate. Rebates may be applied towards the purchase of gift cards (credited as a purchase for the next school year), donated it to the school or another family, applied to other school financial obligations or next year’s scrip obligation, or receive a rebate check.
DO PERCENTAGES CHANGE?
Our scrip vendors determine the discount percentage and the card denominations. “Bonus Percentages” do not apply for orders placed through the scrip office, but will apply for orders placed exclusively on the ShopWithScrip.com website. Permanent percentage changes will be instituted as they occur.
WHAT ARE YOUR OPERATING HOURS?
We are open every school morning from 7:45 AM-8:15 AM and school afternoons from 2:30-3:00PM. Half-day Fridays we are open 11:45AM-12:15PM.
HOW MAY I PLACE AN SCRIP ORDER?
Orders may be placed in-person, on-line, by phone, through the scrip family envelope or through your ShopWithScrip.com account.
Orders are normally processed the same day if received by noon on full school days, subject to in-stock inventory. Be sure to include a daytime phone number or email address for questions about your order. Payments must be received before the order can be released to the student. Use of the scrip family envelope assumes that your student is authorized to pick up the order unless otherwise noted in the order. If you authorize your order to be sent home with your student, you assume the liability if your order is misplaced once the student signs for it.
Please let us know if we can be of any assistance, 647-0713 or email email@example.com.
OUR goal is help you meet YOUR goal!