Parents who are in full-time higher education may be eligible for a Childcare Grant that can be used to pay partially for their childcare. Depending on eligibility, you can get 85% of your weekly childcare costs or a fixed maximum amount, whichever is less:
2021 to 2022 academic year:
up to £179.62 a week for 1 child
up to £307.95 a week for 2 or more children
2022 to 2023 academic year
up to £183.75 a week for 1 child
up to £315.03 a week for 2 or more children
In order to claim this, you will need to link your children to your childcare provider in your Student Finance account, using a CCG Reference Number that will be provided by tiney.
Once your placement has started, tiney will request a payment for the full amount of your weekly cost of care, the week after the care took place.
E.g. for 5 days of care from 01/03 to 05/03 at £50 a day, we will request £250 through Student Finance on 08/03.
You can then approve this through your Student Finance account, which will show you the amount left for you to pay after the contribution has been deducted.
E.g. 1 - If your cost of care is £100 per week, tiney will request £100 through Student Finance. Once you approve the request, £85.00 will be released to tiney.
Eg. 2 - If your cost of care is £250 per week, tiney will request £250 through Student Finance. Once you approve the request, £174.22 will be released to tiney.
Remaining Cost of Care
tiney will charge the remaining 15% or cost over the cap paid by Student Finance by credit or debit card.
E.g. 1 - Weekly cost of care is £100 - £85 is paid by Student Finance. £15 will be invoiced to the parent.
E.g. 2 - Weekly cost of care is £250 - the maximum £179.62 is paid by Student Finance in 21/22. £70.38 will be invoiced to the parent. In 22/23, the maximum £183.75 is paid by Student Finance, and £66.25 will be invoiced to the parent.
We will charge the parents portion of the cost for the first 2 weeks of the placement upfront. The remaining fees over Student Finance for subsequent weeks will be charged in arrears, in line with the payments released from Student Finance.