Child care subsidy calculator explained
The basic aim of the government’s child care subsidy is to make early learning affordable. However, it can be difficult to understand and the following tips would be helpful for you.
It is important for the families to have the necessary tools as well as information to feel confident about their child’s journey towards early childhood education. The child care subsidy is initiated by the government so as to make child care more affordable for the parents.
Eligibility for the subsidy is based upon a certain number of requirements.
Eligibility criteria for the child care subsidy calculator
- You can qualify for child care subsidy if you or your partner cares for the child at least for a minimum of two nights per fortnight.
- Either you and your partner are responsible for the fees of the child care
- The child has all immunization requirements completed
- You are sending your child to an approved child care service.
However factors like income and your work hours would also have an impact on the child care subsidy. You also need to have the required documents mentioned by the government to obtain the subsidy. These documents would include the pay slips, the birth certificate along with any medical records. When you provide all these documentations you would be informed soon about how much subsidy you can get and this is why it is important to apply for child care subsidy early on. You can also make use of the child care subsidy calculator to know before hand how much you are entitled to.
For families who have more than one child in case eligibility for a higher subsidy is possible if they are earning less than $350,000 and have more than one child age under 5 or going to child care. Standard child is normally the one who is the eldest eligible child and the younger children can be eligible for a 30% higher subsidy with maximum of around 90%.
However all families applying for child care subsidy would continue to get there income checked for all the children. Children who are eligible for a higher rate will have the increase automatically included in the child care subsidy when it would be reported to the services Australia.
In order to avail the subsidy it is necessary for the child to be enrolled in a government preschool or a kindergarten program. Parents can avail up to 36 hours of care per fortnight. If they have an school age child attending and early childhood education program at a day care service.
Parents can also avail the additional child care subsidy which is the top of payment in addition to the regular child care subsidy. It helps provide fee assistance to families who would need extra support. There are four elements to the additional child care subsidy which include the well-being of the child grandparents, temporary financial help and transition to new work.
For more information on how to work out your child care subsidy, you can always ask the assistance of the child care subsidy expert who would be willing to have a detailed talk with you and help you get the subsidy that you deserve.