Nursery - Working Parents/Funded Hours
Hey everyone! I know every nursery is different but I’m wondering how much everyone is paying after funded hours are taken off?
We have a place for my LO to go to three full days a week. Each day is £65.37. The entitlement is for 38 weeks but the nursery stretches this so it covers the 50 weeks they’re open. The fees include milk, food, clothing they use etc. So we’re not charged anything on top of that, as I know some places do.
I have asked the nursery how many hours we would need to pay for per week once the funded ones have been used (and stretched over the year), and they have confirmed it’ll roughly work out at 8.7 hours a week we’d need to pay for.
They’ve said this will roughly be £340 a month but that’s without tax free childcare coming off as well. For context, without any funding it would usually be £780 odd a month.
I see posts on here a lot about how much people have to pay after hours are used but I’m still wondering if this sounds right? When I work out that a full day is 65.37 and a full day is approximately 10.5 hours, that means each hour is £6.22. If I’m paying for 8.7 hours a week that’s £54 a week, for four weeks it’s 216. I know each month isn’t four weeks but how have they got that £340?