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MCC 8249 - Education

mcc 8249

The Merchant Category Code (MCC) 8249 is designated for transactions related to educational services. This MCC primarily serves institutions and businesses offering non-degree awarding courses and instructional services. It encompasses a variety of educational businesses ranging from vocational training facilities to private tutoring services, focusing on skill development and personal enrichment.

Category: Professional services

Types of Services

  • Vocational and Technical Training: Includes schools that offer practical training in areas such as automotive repair, culinary arts, cosmetology, and technical trades.
  • Continuing Education: Facilities offering coursework for adults seeking to enhance their knowledge or gain certifications in specific fields.
  • Test Preparation Services: Businesses that specialize in preparing students for standardized tests, including SAT, ACT, GRE, and other professional exams.
  • Language Schools: Organizations providing language instruction in languages such as English, Spanish, French, etc.
  • Tutoring Services: Private or group tutoring sessions catering to various subjects, including maths, sciences, and humanities.

Related MCCs

  • MCC 8220: Colleges, Universities, and Professional Schools: This code covers degree-granting institutions offering formal education leading to a diploma or degree.
  • MCC 8299: Schools and Educational Services Not Elsewhere Classified: Includes other education services not specifically covered under other MCCs, such as specialized training camps or instructional seminars.

FAQs

  • What types of transactions are categorized under MCC 8249?
    - Transactions for non-degree courses, vocational training, test prep, and tutoring services fall under this category.
  • Can universities use MCC 8249?
    - Typically, no. Universities would use MCC 8220 as they offer degree-granting programs.
  • Why is it important to use the correct MCC?
    - Using the correct MCC ensures proper risk assessment and fee structures and helps in compliance with financial regulations.

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