Funding

Here at TCG, we use a method which makes it easy for parents to access funded hours, but that is also sustainable for us so we can maintain quality and future investment.


All children become eligible for the Universal Government Funding the term after their 3rd birthday. The birthday cut-off dates are March 31st, August 31st and December 31st.

The Extended Government Funding (30 hours) has strict criteria - essentially if you BOTH earn between 16 hours per week at NMW and £100,000pa.


We use the Stretched Offer - the same number of funded hours but spread out over the whole year - rather than term-time only.

This means that the 30 (Extended) and 15 (Universal) hours when stretched become 22 and 11 hours per week respectively.


IF YOU ARE ELIGIBLE FOR THE EXTENDED FUNDED HOURS:

We have a number of options available for those in receipt of 30 hours (22 hours per week all year):


OPTION A:

if you wish to use only your funded hours, with no additional cost except food, then 20 of these hours can be taken on a Monday and a Friday in full-day 10-hour blocks. So for 2 full funded days you would only pay our daily food charge (£12.50). This is obviously subject to availability. The additional 2 funded hours per week are available in a 5th session (or as part of a full day) where this funding creates a discounted morning rate of £22, afternoon rate of £20 and full day rate of £45.50.


OPTION B:

If you wish to be flexible with your funded hours and use your hours on full days on a Tuesday, Wednesday or Thursday, then you can with the payment of an additional £3.50 in addition to food - so £16 for the entire day. Again, the additional 2 funded hours per week are available in a 5th session at the rates above.

OPTION C:

If you wish to access the 22 hours over 4 half-day sessions, you can, but there will be an additional charge of £3.50 for a morning session, in addition to the food charge of £7.50; £4 for an afternoon session, in addition to the food charge of £5. Again, the additional 2 funded hours per week are available in a 5th session at the rates highlighted above.



What if I’m not eligible for the 30 hours:

The terms are exactly the same as above - except for just one fully-funded 10 hour day.

On a Monday or a Friday you would just pay for food (£12.50). The additional 1 funded hour per week is available in a 3rd session where this creates a discounted morning rate of £26.50, afternoon rate of £24.50 and day rate of £49.50 (these session prices include food).


If you wish to be flexible with your funded hours and use your hours on full days on a Tuesday, Wednesday or Thursday, then you can with the payment of an additional £3.50 in addition to food - so £16 for the entire day. Again, the additional 1 funded hour per week is available in a 3rd session at the rates above.

If you wish to access the 11 hours over 2 half-day sessions, you can, but there will be an additional charge of £3.50 for a morning session, in addition to the food charge of £7.50; £4 for an afternoon session, in addition to the food charge of £5. Again, the additional 1 funded hour per week are available in a 3rd session at the rates highlighted above.



YOU DO NOT NEED TO REGISTER WITH THE GOVT IF YOU ARE ONLY ACCESSING THE UNIVERSALLY-AVAILABLE 15 HOURS (11 WHEN STRETCHED).



What happens next?

  • Do register early if you think you are eligible (see below) for the increased funded hours AND let us know if you are going to be access these extra hours or not
  • In the term before a child becomes eligible, we contact, via Famly, parents of all children who are in receipt of Govt Funding for the forthcoming term to explain how your child’s current sessions would work with the funding and what your monthly bill will be
  • If you wish to change these sessions then you will need to request this in writing. Current booked sessions are given priority and any changes are subject to availability.
  • You will be asked to sign a Parent Declaration Form confirming how many funded hours you wish to access. (Please note, we are stretching the funding over the whole year, not the 48 weeks mentioned in the form)


Pricing from September 2018

Standard Prices for all ages:

Full Day: £52.50

Morning: £29.50

Afternoon: £27.50


Full-Time children will receive a 10% discount on these fees


30 Hour Eligibility

Parents apply via a HMRC online portal called Childcare Choices at childcarechoices.gov.uk

So you will need to create a Government Gateway account if you don’t have one

HMRC Childcare Choices provides you with an ID code to determine your eligibility

You give TCG this ID code plus your NI number and child’s DOB and your written consent for us to check these.

We verify this code with Lincs CC (once they have their system ready!)

Parent must reconfirm eligibility every 3 months when prompted by text and/or email

There is a short grace period if you become ineligible.

It is important that you apply the term before your child turns 3 - if you do not have your code in time for the first eligible term you will need to wait for the following term!!

Any problems with setting up then please ring Childcare Service Customer Interaction Centre on 0300 123 4097

For more information go to childcarechoices.gov.uk


2 YEAR OLD FUNDING:

We accept 2 year old funding. There are strict eligibility criteria for this and you will have been informed by Lincs County Council if you are eligible. We will need to see this letter and you will need to complete a Parent Declaration Form which will include the eligibility code.


2 year old funding is only available for 38 weeks of the year and we are open all year so we have opted to stretch this funding across the whole year - just as we do with the 3 & 4 year old funding. This means that the 15 hours becomes 11 per week.


There is a very small contribution per session towards food of £3 per morning session, £2 per afternoon session and £5 per full day. The additional 1 funded hour per week is available in a 3rd session where this creates a discounted morning rate of £26.50, afternoon rate of £24.50 and day rate of £49.50 (these session prices include food).




Tax-free Childcare

Parents can also apply for Tax-free Childcare, which operates a bit like a voucher scheme. For every £8 a parent pays in the Govt contributes £2. The limit per annum is £2,000.

The criteria are broadly similar to the 30 hours (for working parents).

They are introducing it as the childcare voucher schemes are gradually being phased out.

It is not available to parents in receipt of Tax Credits, Universal Credit or current Childcare Vouchers.

For more information go to childcarechoices.gov.uk