Income Threshold for Child Care Subsidy Increased


As of Monday the income threshold for child care subsidy will be increased.

The threshold for a full subsidy has been adjusted to $35,000 net family income.

This is the second adjustment to the threshold in just two years which was most recently raised to $32,000 in June 2017. A partial subsidy is also available to many families with higher than the $35,000 net family income.

With the new threshold, a single parent family with a net family income of $40,000 needing child care for two infants would be eligible for a child care subsidy of approximately $1,725 a month.

A two parent family with a net family income of $65,000 needing child care for two preschool-age children and one infant would be eligible for a child care subsidy of approximately $1,055 a month.


0 comments

CONNECT WITH US

Email: info@newfoundnews.ca

Call: (709) 638-2656

  • Facebook App Icon
  • Twitter App Icon
  • Instagram Social Icon
  • YouTube

 Newfoundland and Labrador owned and operated. Newfound News Corner Brook, NL, Canada.

© 2021 Newfound News