Personal Finance
Childcare Centres To Raise Fees. Move Comes After National Day Rally News Of Higher Subsidies For More Parents.
By Seedly  •  September 18, 2019

childcare centre price hikes

Source: Channel News Asia| MediaCorp 

330 childcare centres will be rising their fees next year,  a move that came shortly after news of higher subsidies were announced during the National Day Rally. These childcare centres make up about one-fifth of the total number of childcare centres in Singapore.

During the National Day Rally this year, the monthly income ceiling for families to qualify for additional subsidies was raised from $7,500 to $12,000.

According to the Early Childhood Development Agency (ECDA),  330 childcare centres would be increasing their full-day fees for Singapore citizens next year. The median increase is within 5 per cent of fees.

While Straits Times reported that a large majority of the centres planned their hike

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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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