Financial support

If you would like your child to attend Elephant and Castle Day Nursery you may be eligible for assistance with the cost through a number of initiatives:

Below are some of the sources of support available:

 Childcare Vouchers

Are a great way to save thousands of pounds off your child’s nursery fees. The voucher scheme works    by allowing you to buy childcare vouchers direct from your gross salary-before tax and national insurance is deducted, as a set weekly amount can be deducted from your salary and used to provide childcare vouchers for the same amount. Our nursery accepts childcare vouchers. Please contact your employer to find out if they operate the voucher scheme.

Childcare Grant

If you’re a full-time higher education student with dependent children, you may be able to qualify for this grant which could cover as much as 85 per cent of your childcare costs during term time and holidays. Parents of one child could claim up to a maximum of £148.75 per week, or £255 per week for two or more children. How much you get is dependant on your household income and actual childcare costs.  More details can be found at the DfES web site www.direct.gov.uk

Access to Learning Funds (ALF)

The ALF can help to support student parent/carers who are on low incomes and who face financial difficulties. Education providers decide how to distribute the fund; however lone student parents/carers are a priority.

Child Tax Credits

Nine out of ten families with children qualify for tax credits. Families can claim Child Tax Credit from the HM Revenue and Customs if they care for at least one dependant, you don’t have to be working to claim. Extra financial support is available through the childcare element of the Working Tax Credit for families who work but earn a low income. The amount you can claim depends on your living arrangements and income. The childcare element of working tax credit will be paid into the bank account of the main carer alongside the child tax credit.

For further information www.hmrc.gov.uk/taxcredits or call 0845 300 3900.

Free Early Education Entitlement (FEEE)

All three and four year olds are entitled to 15 hours of free nursery education/ week for 38 weeks of the year (school terms). This applies from the beginning of the term after their third birthday until they are 5 years old and going onto school. The cost of this is paid by Lambeth Children’s Services-Early Years Department to Lambeth Walk Day Nursery and deducted from your nursery bill accordingly.  Please speak to the nursery manager for more information on the FEEE, or visit www.direct.gov.uk .