Scrip is a way to earn credit towards a student’s KML tuition account. KML purchases gift certificates and gift cards at a discount and then sells them to KML supporters at face value. This also generates support for tuition assistance and other school programs. The goal is for you to purchase scrip and use it in place of money when you go shopping. You can support school programs and cut tuition costs without spending a penny more than you normally would!
The scrip year runs from April 1 through March 31. The money generated by your purchases is divided as follows:
- 70% is credited to a current or future KML student account of your choice, KML Tuition Assistance Program, or a cash rebate (see enrollment form). Current freshman, sophomore, and junior families who choose to have the rebate applied to their KML tuition account will have it credited to the next year’s tuition. Current senior families may apply their credit to their May payment or transfer their credit to another student. In the case of a future student, the credit will be applied to the student’s account their freshman year at KML.
- 30% is used to pay for the administrative costs of the scrip program first (keeping it a self-supporting program) and the remainder is then used for other areas of ministry support.
To enroll in the KMLHS Scrip program or to find more information, go to the Scrip page.
Last Updated on Wednesday, 06 April 2011 11:50