Funding
9 MONTH+ WORKING FAMILY FUNDING 2 year funding will be available for Working families who earn below £100,000. Funded children will be entitled to 15 hours funding per week, increasing to 30 hour funding in September 2025. There is no inclusive care cost for children under 2 years old, but Rising Stars requires the full 15 funding hours to be used at our setting.
2 YEAR OLD SUPPORTED FUNDING Those in receipt of government support may be able to get additional help towards the cost of their childcare fee’s or be entitled to 2-year funding. You can find out more about this on the government website.
3 YEAR, 15 HOUR NURSERY FUNDING
All children receive 15 hours funding the term after their third birthday. Some families can access an additional 15 hours funding (30 hours) depending on eligibility and home circumstances
TAX FREE CHILDCARE SCHEME Tax-Free Childcare is a new government scheme to help working parents with the cost of childcare. Parents of the youngest children can now open an online account, which they can use to pay for childcare from a registered provider. For every £8 a parent pays in, the government will pay in an extra £2. Parents can receive up to £2,000 per child, per year, towards their childcare costs, or £4,000 for disabled children.
2 YEAR, 15 HOUR WORKING FUNDING
From April 2024, 2 year funding will be available for Working families who earn below £100,000. Funded children will be entitled to 15 hours funding per week, increasing to 30 hour funding in September 2025.