Funded hours in September

[Nothatsmydoll]

I’m trying to work out how much money I might save.

At the moment I am billed £960 for DD to do three days a week at nursery: it’s more like £770 after the 20% ‘discount.’

She will get fifteen funded hours in September and I’m trying to work out how much it might come down by. DH thinks it will be around £450 but I can’t see it being that low.

Literally the only way you will know is by asking your setting. Every place will charge differently.

It really depends what extras your nursery add on. We have a daily consumables charge for any day that you use any funding, and an hourly supplement.

My son does two days. We paid circa £600 before and now pay £460.

Thanks, I was just wondering about a rough approximation. Obviously any saving is good!

You need to ask the nursery they will
Work it out. Once we get funded hours we then have to pay for 'consumables' and meals and nappies and wipes. And can only use the hours between 9-12 1-3 so need to pay for any wrap around.

My children do 3 days (30 hours funded) and the other one is 4 days (15 hours funded) and I still pay £800 a month

It'll depend on the funding rate for your area and current charges. It also depends if it'll be stretched through all the year (11hr per week) or term time only (15hr x 38 weeks).

It has made a significant difference to our parents of babies, some have gone from paying £££ to paying about £20. We haven't allocated certain hours it can be used.

As others have said it depends on how much 'top-up fee' you pay for a funded day and difficult to even give a rough guess because how your nursery allows you to split the funded hours makes a huge difference. For example, at my children's nursery, with 15 funded hours the only way you're allowed to use them is 09.30-14.30 x 3 days, there's a £5 top up fee and then if you need the morning and afternoon wrap around so they can stay all day it's an extra £45, so £50 for a full day but the normal unfunded full day rate is £62 so as you can see it's not a massive saving. So that would be £150 per week for 3 funded days, and that's term time only.

Can you choose if its term time only or stretched?

That's up to the childcare provider and what they offer.

Mine dropped by around £240 per month when I got 15 hours (I don’t qualify for 30 hours or 20% tax free reduction).

On that basis a drop of around £450 per month for 30 hours as your DH suggested sounds about right.

I think most charge around £5 per hour for the basics and the 30 free hours are actually 1140 per year. That equates to a £5700 saving or £475 per month vs paying full fees.

They do stretched funding but we are £600 worse off this way than term-time.they must offer term-time as they have a few term time places.

Worse off due to the costs if food, activities and top up.