Scrip is a gift card resale program in which ACES XAVIER families & friends can participate. The gift cards are worth exactly what you pay for them. Scrip sales must be paid in cash or cash equivalent. We cannot accept a charge card for payment of Scrip. As a protective measure for the scrip program, any scrip purchases exceeding $5,000 must be paid in the form of a bank cashiers/certified check. This ensures that the funds being received are collectable funds.

ACES XAVIER purchases Scrip at a discounted amount. That percentage of discount varies from vendor to vendor and is indicated for each on the order form. Because ACES XAVIER purchases Scrip at a discounted amount but sells it at its full value, every dollar of Scrip that you purchase generates revenue. That revenue is split 50/50. Half of it is posted as a payment on your account to offset the cost of tuition and fees and half is designated to ACES XAVIER for operational support. Last year, ACES XAVIER families earned about $217,000 from the Scrip program. This revenue is used to lower tuition either directly in the form of scholarships or indirectly by decreasing the need for tuition to cover the full costs of staff, textbooks, postage, etc.

Scrip is available at Catholic Central, St. Pius X, St. Thomas More, St. Bernadette, and Xavier High School campuses during school hours and at the St. Joseph Middle School office from 7:30-4:00. Special schedules will be announced for holidays and summer. Purchases made between April 24, 2006 and March 31, 2007 will be applied to tuition and fees for the 2006/2007 school year. Purchases after that period will be applied to the following year. Credit balances are carried over to the following year if there is a registered student in the family. If there are no students enrolled in the subsequent school year, credit balances will be considered donations to the ACES XAVIER system.

The list of vendors changes periodically but a current list and order form can always be found on the ACES XAVIER website http://www.acesys.org under System Forms. The same document is also available at all Scrip sales locations.

Scrip Hot Line is a 24-hour answering service at the ACES XAVIER administrative office. You can use it to phone in your orders. The orders are filled daily, and sent to your designated campus within three business days. Some special orders could take up to one week.

Yes, if you plan ahead. All the campuses will try to stock a reasonable amount of the most commonly used retailers. However, it is not possible to anticipate when everyone will come in and how much you will want to purchase. Here are a few simple suggestions: Anytime you need a large amount from any retailer, (more than five cards of the same denomination for any vendor) please use the hot line (735-6767). If you are making a credit card payment with your Scrip purchase, order the Scrip when you receive the credit card bill. Request pickup at your campus a week before it is due. It will be in an envelope waiting for you.

At the time of this notice, there are three vendors that accept their own Scrip as payment toward the balance of the store credit card: Kohls, JCPenney, and American TV Appliance & Furniture.

Any individual can purchase Scrip and designate a particular family account to credit. The IRS ruling states, "If parents, grandparents and other individuals purchase Scrip directly from the sponsoring organization for their own use, and then allocate a portion of the profits to a student’s school tuition account and/or Scrip requirement there are NO tax consequences." Relatives, neighbors and friends should be informed of this opportunity and be encouraged to participate. If you feel there may be gift tax consequences in your particular situation, please consult your tax advisor.

Alternatively, 100% of your Scrip credits can be designated to benefit ACES XAVIER operations. Order forms that do not include a family designation will be applied in full to the system operations.

Yes. You are not mandated to fulfill a fund raising goal but any Scrip credits will reduce your tuition due.

If you have any questions, call the ACES XAVIER Administrative Services office and ask for Maria (735-9380).

When Mr. & Mrs. Jones buy Papa Murphy’s Scrip, 5% will be credited to the Jones family to offset the cost of tuition and fees. At the same time, 5% will be allocated to the system to support the cost of operating the system schools.

If Mr. Jones buys $20 of Papa Murphy’s Scrip for a family pizza meal, the credit is split as follows:

5% to the family = $1.00

5% to the system = $1.00

These little credits all add up and both the family and the system receive benefit from a purchase that would have been made anyway.

Families of elementary and middle school students have a fund raising fee of $100 per student with a cap of $200 per family. High School students have a fund raising fee of $150 per student. The fund raising fee will be billed on each student’s tuition and fee statement at the start of the school year.

Fund raising credits will be posted to accounts on a monthly basis. The fund raising fee can be paid off with a cash payment or through the generation of credit via programs like Scrip. Not all fund raising activities are eligible for fund raising credit – please be sure to check the details of the program prior to making an assumption about the applicability of your purchase to your account balance.