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Frequently Asked Questions
Space Coast Credit Union’s Education Donation
Program allows SCCU members to donate a portion of their Credit Card Rebate accrual to public
or private schools and home school instructors in Brevard,
Volusia, Flagler, and Indian River counties, and to individual
teachers or libraries, advisors and officially recognized
clubs, teams, and organizations within the schools, including
music & drama departments.
The program is designed to reimburse educators and school
organizations for personal funds spent on school-related expenses
that are not eligible for payment under the school’s
budget. A typical teacher in the United States spends approximately
$400 - $500 a year in personal funds to purchase supplies
that are needed in the classroom.
Once registered in the program by an authorized SCCU credit
card holder, recipients will accumulate funds in a rebate
accrual account maintained at Space Coast Credit Union. Recipients
will receive reimbursement for school-related expenses by
submitting a completed and signed School Expense Redemption
Form at any SCCU branch.
Who Qualifies for the Program?
- All Florida public and non-public schools and home school
instructors in Brevard, Volusia, Flagler, and Indian River
counties.
- Facilities with a terminal grade of Kindergarten are not
eligible for this program (i.e., preschools that feature
PreK – K programs only).
You may make your donation to the school itself, an individual
teacher or guidance counselor, or a recognized organization
within the school. For example, you may register Satellite
High School, the Satellite High School Music Department, the
Satellite High School PTO, or an individual teacher at the
school.
Beneficiary Registration and Cancellations:
To register a recipient, you must:
- be an authorized holder of an SCCU VISA.
- complete a “Rebate Recipient Registration and Cancellation
Form” and submit it to SCCU as noted below. You may
obtain a form at any SCCU branch, or print one at our web
site, www.sccu.com. A complete program
disclosure is available from any SCCU branch or the Member
Service Center.
You may designate up to 5 recipients.
Percentages to be donated must be in whole numbers; no fractions.
Your donation will be deducted from your rebate
accrual monthly and credited to the rebate accrual accounts
of recipients you have registered. The amount transferred
will be calculated based on your purchase activity for the
month. PLEASE NOTE that your donation will be based on purchase
activity that occurs AFTER your recipient has been registered
in the Education Donation program. Any rebate amount that
you have accrued prior to registering a recipient will not
be used in calculating your donation.
Once registered by you, the percentage you designate will
move to the recipient(s) each month until you cancel or update the donation
in writing by submitting a new “Rebate
Recipient Registration and Cancellation Form.” To stop all donations,
submit a form that says “All recipients” and has “0” in the “percent to donate”
column.
Note: Donated rebates cannot be returned to your account.
Each time you submit a Registration form, the information on that form will replace
any information previously submitted.
To cancel or update your recipient list, simply submit a new printed or online
registration form. The registration request on your new form will replace any previous
information you submitted.
Bring the completed, signed Form to any SCCU branch, or mail
or fax to: Space Coast Credit Union, Member Service Center,
P.O. Box 419001, Melbourne, FL, 32941-9001 FAX: (321) 723-3716.
Allow up to 30 days to process the information submitted.
Once SCCU has processed your recipient registration, you will receive a letter confirming
your registration and a certificate that you can use to inform your recipient of your donation.
How will schools, teachers, and organizations track
their rebate accumulations?
A monthly summary statement will be produced for each school
or home school group with registered recipients and mailed
to the school principal, headmaster or home school support
group leader. Monthly statements will also be sent to individual
recipients at each school.
How can recipients redeem their rebate accumulations?
- The Education Donation statements delivered to the schools serves as an expense redemption form and includes redemption instructions. Recipients should sign the statement where indicated when requesting a redemption. All recipients associated with Brevard County Public Schools will redeem through the Brevard Schools Foundation. All others should visit an SCCU branch and bring the signed statement along with appropriate I.D.
- Present the signed statement to the teller along with an employee ID issued by the district or school. Home school instructors may present personal photo ID in lieu of school ID.
- The recipient must bring the completed, signed form to any SCCU branch in person. No mailed, faxed, or third party redemptions.
School Expense Redemption Form
- Recipients will receive immediate payment for submitted
expenses in the form of a check made payable to the registered
recipient. “All school” redemptions, such as
to Satellite High School will be made payable to the school.
“Organization” redemptions, such as to Satellite
High School PTO, will be made payable to the organization.
- The accrual account will be automatically adjusted to
reflect the expenses paid out.
Expiration
Unredeemed accruals will expire thirteen (13) months from
the date of transfer from the donor’s SCCU account.
For example, balances credited to a recipient’s rebate
accrual account in December, 2002 will expire in February,
2004.
Name Changes:
If a recipient wishes to change the name on the accrual account,
a name change request can be made in person at any SCCU branch
using the “School Expense Redemption Form.” The
reason for the request must be indicated on the form, and
the request must be accompanied by a supporting document,
such as a marriage license. The Form will be forwarded to
the Operations Dept. for processing.
This program is subject to change
or cancellation without notice.
Rebate Recipient
Registration and Cancellation Form
School
Expense Redemption Form
Email
- community@sccu.com
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