BC Daycare Subsidy
&
Early Childhood Education Grants
Are you looking for financial help to help cover daycare or early childhood education costs?
You may qualify for a BC daycare subsidy or grant to help with your child’s care and education tuition. Keep reading to learn about the Child Care Reduction Initiative (CCFRI) and the Affordable Child Care Benefit.
Child Care Fee Reduction Initiative (CCFRI)
The Child Care Fee Reduction Initiative (CCFRI) is a provincially funded child care subsidy program that provides funds to eligible, licenced child care providers (like CEFA) to reduce and stabilize child care costs for families. Parents of children up to Kindergarten age who use licensed childcare providers can save up to $900 per month per child in monthly tuition fees.
Parents do NOT need to apply to access this BC daycare subsidy. If your child is enrolled in a participating school (including CEFA), they will automatically get the discount starting in December 2022.
BC Daycare Subsidy Savings and Benefits
Your eligible subsidy amount is not based on family household income, unlike other programs. It is based on the age of your child and whether they’re in full- or part-time care. Here is an example of how much you can save on full-time BC childcare:
This will help more families afford the childcare they need and help their children get an educational head-start in life. Previously, this program offered up to $350 in subsidies to BC families. As of December 2022, the subsidy is increasing by 201% to a maximum of $900 per child, per month. In addition, you can combine this with other child care subsidies you also qualify for, including the Affordable Childcare Benefit.
Ask us about receiving this subsidy when you enroll your child in a Fern Flower - Nature School.
The Affordable Child Care Benefit (ACCB)
Under this BC daycare subsidy, families with a household income under $111K can receive up to $1,250 per child per month for child care. The amount you receive is based on your child(ren)’s age, family size, and type of care. Families apply for this benefit directly with the provincial government and need to renew their application every year.