FUNDING, FEES AND UNDERSTANDING YOUR BILL

How We Calculate Your Fees

Here at Rise & Shine we want to make things as simple and easy to understand as possible, especially when it comes to those all-important fees and finances. We understand that as a parent/carer you want peace of mind when it comes to paying your nursery fees.

For this reason, we have put together this guide where we will hopefully answer some frequently asked questions about fees.

 

 

Session Fees

Under 2 years of age

SESSIONS TIMES FEES
Full Day Session             7.30am to 6.30pm       

£69.00

 

Half Day am

Half Day pm

7.30am to 1pm

1pm to 6.30pm

 

£35.00

£35.00

 

Over 2 years of age

SESSIONS TIMES FEES
Full Day Session             7.30am to 6.30pm       

£65.00

 

Half Day am

Half Day pm

7.30am to 1pm

1pm to 6.30pm

 

£35.00

£35.00

 

‘All Year Round’ Fees are calculated according to a monthly average, to create a fixed monthly fee that you can budget for:


Weekly fee x 51 / 12 = Monthly Fee


For example, if Jack, over 2 years old, attends nursery 3 full days per week his monthly fees would be:
(3 x £65) X 51 /12 = £828.75 per month.

Discounts

Full time week discount          10% taken off monthly bill.

Sibling discount                      10% off eldest childs monthly bill.

Other Fees

Registration Fee         £50.00 (non refundable)

Late Payment Fee       £12.00 every 5 days outstanding (fees are payable in

                                   advance on or before the 28th of each calendar month.

Payment Dates

When you register your child you will be asked to set up a monthly standing order. This means that you make timely and regular payments from your bank account on the 28th of each calendar month in advance giving you peace of mind that fees are taken care of automatically. All fees are due monthly in advance prior to the start of the month.

Dates to remember  
19th of the month previous

- Invoices for next month are emailed out to parents (please double check invoices and let us know if you see any discrepancies)
 

- Any partial or full payment of fees made via a third party such as National Savings, childcare vouchers etc must be paid in advance to the third party to allow for their payment to clear to Rise & Shine's account on or before the 28th of each month. Late payment fees will apply so please make sure of the procedure that the third party operates.

 

Note Third Party Payment Cut Off Date

 
 
 
   
28th of the month previous All fees due in full.

Frequently Asked Questions

Q. What happens if my child starts nursery, changes their sessions or leaves nursery part-way through the month?


The fee for that particular month will be calculated based on actual sessions booked in the month, then a new monthly average would resume the following month. This is the case even if the number of sessions per week is the same e.g. a child changing from Full Days Mondays,Tuesdays and Wednesdays to Full Days Wednesdays, Thursdays & Fridays. 


Q. What if my child is ill or on holiday and therefore doesn’t attend nursery for some of the month?


Fees are based on the reservation of a place for your child, not on actual attendance. Therefore, all fees are payable even if your child does not attend nursery for all their booked sessions.


Q. What happens on Bank Holidays/over Christmas when the nursery is closed?


The nursery is closed on the working days between Christmas Day and New Years Day and all public bank holidays. Your fees are calculated  to exlude a charge for the week between Christmas and New Year, this is why the calculation of your monthly fee shows 51 weeks rather than 52.

No additional deductions shall be made to monthly fees for general public and bank holidays as this has already been factored into the session fees we charge.


Q. What happens if I want to pay via a third party ie Childcare Vouchers?


We are able to accept payment through third party providers. If you wish to pay a contribution to your invoice via this method please email your site to let us know. You will need our Ofsted Registration number :??????????????? to set up your account with the third party company.
Please ensure that if you are paying a contribution by this method you fully understand the cut off date they need to receive your contribution by in order to process to clear our account on or before the 28th of the month in order to avoid late payment charges.

 

Q. Can I benefit from Tax-Free Childcare, how does it work?

 

Parents are able to set up an online account where they can bank payments for childcare.  For each £8 you pay in, the Government will add an additional  £2 up to a maximum of £2,000 per year per child. Families of disabled children receive help with their childcare costs to a maximum of £4,000 per year.

Tax-Free Childcare is being rolled out gradually and will eventually cover all families with children under 12 if they meet the required work and income criteria. Self-employed can also benefit from this scheme. There is an upper-income limit per parent of £100,000 to qualify, and a minimum weekly income level per parent equivalent to 16 hours worked at the National Living Wage. Note- Tax-Free Childcare is replacing childcare vouchers – you cannot have both!

 

We strongly advise parents to ensure we have received payments by the 28th of the month.  Activating the payment does mean we will receive it in time. Late payments will be subject to late payment fees.


Q. My child is now 3 years old – how do I access the Free Early Years Entitlement Funding?


Please see below regarding funding for three year olds. When your child is eligible (from the start of the term after their third birthday), our nursery will pass you a copy. The funded hours will be deducted from your fees automatically every month.

 

Guide To Funded Hours At Rise & Shine


‘Early Education Entitlement’ is funded education for all 3 and 4 year olds (and some 2 year olds who meet certain criteria), paid for by the government.
Starting from the term after their third birthday, all children are entitled to 15 hours at nursery per week, 38 weeks of the year, and some children are eligible for the Extended Entitlement of 30 hours, again over 38 weeks of the year, under the following criteria:


• Both parents must be working – or the sole parent is working in a lone parent family


• Each parent earns, on average, a weekly minimum equivalent to 16 hours at National Minimum Wage or National Living Wage


• Each parent must have an annual income of less than £100,000

 

Here at Rise & Shine we provide funded childcare as part of our sessional care combined with flexible funding arrangements. You can benefit from 2.5, 5 0r 10 hours a day.

 

When making use of the 15 & 30 Funded Hours program, we ask you to agree to pay a Consumables Charge, this is to ensure our Early Educators earn a fair hourly rate for the time they spend looking after your children.

 

This Consumables Charge covers consumables such as food, snacks, drinks, nappies, wipes, arts and crafts activities, educational visitors, suncream and other toiletries. These consumables are not covered by the local authority funded rate, which is usually significantly lower than what the Early Educator would normally charge families.

 

The Consumables Charge is usually the difference between the hourly rate that an Early Educator would normally charge families and the rate that the local authority pay to Early Educators for these hours.

 

Please be aware that we are committed to providing every child in attendance with balanced, nutritional food and special dietry requirements where needed at approprtiate breaks in the day. We do not have the facilities on site to allow parents/carers to provide packed lunches.

 

Please note we do not charge by the hour, our rates are for sessions inclusive of the funded hours that are provided to you free. As the free funded hours are not classed as a subsidy the Local Authority requires us to show only the number of free hours on your invoice and we are unable to apply a monetary value to them.

 

IMPORTANT- YOU ARE REQUIRED TO BE IN ATTENDANCE FOR THE FUNDED HOURS CLAIMED.

 

Funding Periods

A Child born on or between..... Can access their free entitlement
1t April - 31st August         Begining of autumn term  

1st September - 31st December

1st January - 31st March

Begining of spring term

Begining of summer term

Funding then continues at Rise & Shine  until your child starts Reception Class at school, in the year they turn 5.

 

How Do The Funded Hours Appear On My Bills?

As your child attends all year round, funding is spread evenly throughout the year, giving you an  equal amount to pay each month. The yearly entitlement paid for by the government is:
• 15 hours x 38 weeks (term time) = 570 total hours per year. This stretched over the whole year (divided by 52 weeks) = 11 hours per week, to be deducted from each monthly bill at the hourly rate.
OR
• 30 hours x 38 weeks = 1140 total hours per year. This stretched over the whole year (divided by 52 weeks) = 22 hours per week, to be deducted from each monthly bill at the hourly rate.
The sessions/hours over and above your funding  will continue to be worked out as a monthly average to spread the costs evenly over the year; Weekly Fee x 51 / 12 = Monthly Fee.
For Example:
• 3 Year old George attends nursery 4 days per week.
• His monthly bill will therefore be (4 x £65) x 51 / 12 = £1105 per month.
• He is entitled to ’30 hours’ funding – this equates to 22 hours per week across the year. This will
be deducted from his bill as: 22 1/2 (hours) x £??? (hourly rate) x 51 /12 = £????? (regular monthly funding)
• For every funded hour there is a consumable cost of £???, which equals £??? per month (22.5hrs x ??? x 51/12)
• Therefore total bill will be: £???? - £????? + £??? = £????? per month

What Do I Have To Do To Access The Early Years Funding Entitlement?

Around the beginning of each term, you will be asked to sign a Parent Declaration Form, setting out the agreed hours and pattern of access to the funding. Your entitlement may be split with another one or two providers if you wish – if you decide to access your funded hours at more than one provider you will be asked to sign a parent declaration at all settings. Signing the parent declaration commits parents and the nursery to a termly contract.

Due to the rules set down by the Local Authority, it is not possible to change the pattern of your funded hours or change to a different provider during that term, except at half terms or under exceptional circumstances and with the agreement of the Local Authority

What Happens If My Child Already Attends Rise & Shine?

If your child already attends Rise & Shine, once you are eligible for funding we will assume you want to continue your pattern of attendance unless you tell us otherwise, and we will automatically convert some of your childcare hours to funded hours. You will be asked to sign a Parental Declaration Form each term.

We're so looking forward to meeting you :

We are so looking forward to meeting you and your little one/s so you can see for yourself the wonderful facilities that are available to your family.

When you arrive......

 Sit down and catch up.

We  can discuss you and your childs needs and explain how we can meet them whilst sitting in our brand new reception with a nice cup of tea or coffee.

And relax !

 

 

Print | Sitemap
Rise & Shine is a trading name of Cool Ginger and Co Ltd

Call

E-mail

Directions