The concept is simple. Parents then buy the gift certificates from the school at face value. The difference in price is kept by the school. And school earnings can really add up. The most successful scrip schools earn hundreds of thousands of dollars per year from scrip.
Some quick math is the best way to demonstrate the earning potential of scrip.
The school gets a 5 percent discount on grocery scrip. Now consider what that family might spend on pizza and gas and toys, items with typically higher discount percentages. And don t forget holiday shopping. With the right support, scrip earnings can really add up. Started by Necessity Scrip programs got their start in 1988 with a plan to raise desperately needed funds for Petaluma, California s St. Vincent High School, which was facing closure due to financial difficulties.