Finance information

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  • Finance information

    The nursery fee structure is divided into three bands, outlining session costs for students’, staff and external children. Students can apply to Student Finance for childcare funding which can cover up to 85% of the costs. Payment can be accepted in childcare vouchers meaning tax and NI costs on the fee amount can be saved. For Brookes’ staff, tax and NI relief can be given on the full fees, rather than only the capped voucher amount, by having any balance also taken directly from the gross salary. 

    Fees for 2016/17

    Ways to pay

    We accept the following forms of payment:

    1. Cash, cheque or card for invoice payments, paid directly to the university’s income office, either over the phone or in person.

    2. Childcare vouchers (set up directly by the parent through the online application form)

    3. Through the university’s salary sacrifice scheme (set up by the nursery and forwarded to payroll).

    Funding

    Fulltime students can apply for funding for up to 85% of the childcare costs from Student Finance England. More information can be found here

    Early Years Pupil Premium

    In April 2015 the government introduced an ‘Early Years Pupil Premium’ (EYPP) which means that childcare providers may be entitled to up to £300 per year of funding to support 3 and 4 year old children’s development, learning and care. The EYPP provides an extra 53 pence per hour (paid directly to the provider) for 3 and 4 year old children whose parents are in receipt of certain benefits or children who have been in care or adopted from care. High quality early education can influence how well a child does at both primary and secondary school so this additional money could make a significant difference.

    Eligibility for the premium depends on families fulfilling at least one of the following criteria:

    As a provider we are reliant on parents identifying themselves to us so that we are able to claim the funding which we can then use in a variety of ways such as purchasing additional resources, providing extra-curricular activities etc.

    More information on the EYPP can be found here.