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Here are some questions and answers on scrip.....
How do I order scrip?
Here are some questions and answers on scrip.....
What is Scrip?
Scrip is a fundraiser that allows you to purchase certificates and "gift cards" good for a stated dollar amount. You can then go shopping and use the scrip just like money. A $25 amount of scrip costs you $25
I thought that this was a "fund raiser", how does buying the same amount that the card is worth raise money?
Each company donates a percentage back to the band. Currently companies are giving back from 1.5 % up to 20%. Each company is at a set percentage, we have those listed on chart below (and on the scrip order form that you can download). For example you purchase $100 of Farmer Jack scrip, go shopping and can purchase $100 worth of food. You also get $5 put into student credit (since the Farmer Jack rate is 5%). In effect, you get a bonus, just for purchasing scrip.
But what if I don't spend $100 on food that one day, will I lose the rest of the money on the scrip that I purchased?
No, because the scrip is usually on a card that looks and works like a debit card. It's electronic and keeps the remaining balance available for future purchases .
Ok, so what's the catch? (there must be a catch, there always is)
You're right, you MUST purchase the scrip in advance. In some cases, you will need to give us a few days advanced notice. And approximately 25% of the credit gained goes back to the band for administrative costs.
It's only a few dollars here and there, is it really worth the trouble?
Lets look at an example of typical year for a family
| Item | $ Spent per week | Student credit per week | Approximate Student credit |
| Food (5%) | 100 | 3.75 | 195.00 |
| Gas (4% Speedway) | 10 | .26 | 13.52 |
| Blockbuster (7%) | 5 | .26 | 13.52 |
| KFC (9%) | $20 four times a year | 5.40 | |
| Burger King (4%) | $20 four times a year | 2.40 | |
| Dominos Pizza (5%) | $20 four times a year | 3.00 | |
| Total | $232.84 |