Parent hub

Childcare Funding

Raising a child is a rewarding journey filled with joy, challenges, and countless decisions. One of the most significant considerations for parents in England is the cost of childcare. Understanding and managing childcare costs is crucial for families.

Whether you’re planning to return to your job, looking for the best education and childcare providers for your child, or simply budgeting for the future, this overview aims to shed light on the complexities of paying for childcare.

From the factors that influence costs to available financial support, including certain benefits, we will explore how parents can navigate this essential aspect of family life.

For example, understanding your income and accessing registered childcare providers can play a significant role in managing expenses.

Additionally, exploring schemes like tax-free childcare and wraparound care options can help save money.

Join us as we look into the world of childcare costs in the UK, providing insights on what is available to help you make informed decisions for your family’s well-being.

Our childcare discounts

Childcare support – what help is available?

There are many schemes available, including tax free childcare and funded hours, some of which are listed below which we accept across all our nurseries. To find out what is available to you and your family, head over to Childcare Choices for eligibility and up-to-date information.

1. Tax-free childcare

Tax-Free Childcare scheme replaces childcare vouchers but if you are already using childcare vouchers, you can continue to do so. For every £8 you pay into your tax free online childcare account, the Government will add an extra £2, making a possible saving of up to £2,000 per child per year.

Find out more about tax free childcare here.

2. Universal Credit

Working families, with nursery school age children, who are eligible for Universal Credit, can claim back up to 85% of their monthly childcare providers costs. Find out more.

3. Funded Childcare

15 Hours Free Childcare Funding for children 9-months to 23 months

From September 2024 eligible working parents of 9 month – 23 month old children can access 15 hours of childcare support over 38 weeks a year (school term time).

These funded places are available for working parents and those who receive some form of government support. You can check your eligibility for Government Supported funding here.

15 Hours Free Childcare Funding for children 2-3 years olds

From April 2024 eligible parents of 2 year olds can access 15 hours of childcare support over 38 weeks a year (term time). These funded places are available for working parents and those who receive some form of government support. You can check your eligibility for Government Supported funding here.

For families receiving additional Government support these sessions have no additional charges and are subject to availability and could be subject to change.

15 and 30 Hours Free Childcare Funding for children aged 3 – 4 years olds

All children aged 3-4 years qualify for funding of between 15 and 30 hours per week under the Government’s FEEE programme. Qualification for the extended entitlement (30 hours) is for working parents and is based on certain eligibility criteria.

You can check your eligibility for Government Supported funding for this age group here.

Outstanding care, friendly staff and a transparent kitchen. Kids were always excited to be there and no concerns raised.

Arnold L

Kiddi Caru Day Nursery Bedford

Additional Funding

There are several funding programmes available to children. While these programmes offer substantial support with childcare costs, there are additional expenses not covered by these hours.

Alongside each funded hour, a Parent Contribution charge is applied to facilitate access to the unique extras our nursery offers, including:

 

  • Additional hours beyond the Government-funded allocation
  • Essential care products
  • Our education programmes
  • Expert Nutrition
  • Student finance
  • Enjoy benefits

Find out more about early education funding

To check eligibility, please visit Childcare Choices for all up to-date information.

Contact us for more information

We are always on hand to answer any questions you may have about tax credits and tax free childcare, how to access childcare using funding or any other questions about childcare funding.

Please direct any questions to your nursery leadership team or email our Parent Engagement team on [email protected]

Send us details if you would like to find out more about childcare funding

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