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COVID-19 Amendments to Check Cashing Policy

April 25, 2020 by admin

AAA Scholarship Foundation is grateful to be able to continue its work to benefit low-income students during the COVID-19 pandemic.

To provide students and their families some peace of mind while ensuring that every school receives payment for educational services rendered, we are temporary amending AAA’s Scholarship Check Cashing Policies as follows:

1) The requirement that scholarship checks remain on school premises is relaxed temporarily. Instead, we ask that these checks simply stay in the custody of a school representative. That means that if a school representative is dropping off and picking up packets of school work to/from students, they may bring the checks with them for the Parent/Guardian to endorse the check over to the school. Schools should stamp the back of each check with their school’s “For Deposit Only by [school name]” bank stamp before removing them from school premises.

Just a reminder that these checks are payments from the Parents/Guardians to their child(ren)’s school for services rendered. Only the Parent/Guardian named on the check may endorse it over to the school. Please contact us at 888-707-2465 or info @ aaascholarships.org if you have any questions or concerns.

We at AAA want to thank all the school teachers, administrators, and staff for their continued service to the AAA Scholars and their families. We wish you all continued good health!

Filed Under: Blog

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GA: Upon request, AAA will send you a full and fair description of this charitable program and a financial statement which shall be consistent with the financial statement required to be filed with the Secretary of State pursuant to Code Section 43-17-5. O.C.G.A. § 43-17-8. AZ: A school tuition organization cannot award, restrict or reserve scholarships solely on the basis of a donor's recommendation. A taxpayer may not claim a tax credit if the taxpayer agrees to swap donations with another taxpayer to benefit either taxpayer's own dependent. FL: A COPY OF THE OFFICIAL REGISTRATION AND FINANCIAL INFORMATION MAY BE OBTAINED FROM THE DIVISION OF CONSUMER SERVICES BY CALLING TOLL-FREE 1-800-HELP-FLA OR ONLINE AT www.FloridaConsumerHelp.com, REGISTRATION DOES NOT IMPLY ENDORSEMENT, APPROVAL, OR RECOMMENDATION BY THE STATE. FL REGISTRATION #CH38386 NV: A contribution or donation to AAA Scholarship Foundation, Inc. may be tax deductible for federal income tax purposes.

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