Fees and payment information

The fees are set at differential rates for babies, toddlers and children over three in order to reflect variation in the costs of providing care for these different age groups. Places taken by children of  people external to LSE are charged a 10% premium over LSE rates. The fees are set to try and ensure that the nursery covers its costs. During the settling in week, you will be charged for the Thursday and Friday as your child will remain in the nursery for a full day, taking advantage of our lunch and naptime services. 

Fees are payable monthly in advance. Parents/carers paying their fees by cheque are required to write the invoice number on the back of their cheque and attach this to the remittance advice before handing both to nursery staff. Fees are payable in cases of absence and there is no reduction for sickness or holidays taken during any week the nursery is open. If a child has to leave in exceptional circumstances, four weeks written notice must be given to the manager.

During the settling in week, you will be charged for the Thursday and Friday as your child will remain in the nursery for a full day, taking advantage of our lunch and naptime services.

Nursery fees for new applicants 2013/14

Fees for 2013/14 academic year have been agreed by the Finance Committee in March 2013. New fees will be charged as of 1 August 2013.  The Nursery closure days have already been deducted from the chart below.

Under 2 years

Daily fees

Days charged 2013/14

Fees per calendar month 

Internal rate to staff and students

£56.00

245

£1143.33

Children of parents unconnected to LSE

£72.00

245

£1470.00

2 to 3 years

Daily fees


Fees per calendar month

Internal rate to staff and students 

£50.00

245

£1020.83

Children of parents unconnected to LSE

£66.00

245

£1347.50

3 years and over

Daily fees


Fees per calendar month 

Internal rate to staff and students 

£46.00

245

£939.17

Children of parents unconnected to LSE

£59.00

245

£1204.58

Paying nursery fees online

We recommend the quickest way to pay nursery fees is using our online payment system. Once you have received your invoice to pay the fees, all you need to pay online is your account number written in your invoice ( begins with 1-NU- ).

If you have already received an invoice to pay your nursery fees, please go to Pay online| to proceed to pay online.

 

Deposit

Once you have been offered a place at the Nursery you will be required to pay a one months deposit. This deposit is held on your account and will be either refunded to you when you decided to leave (if 4 week notice is given) or you could use this deposit as your last months fees. Deposit Payment|.

Once you have been offered a place ,accepted and paid the Deposit, the Nursery will required 6 week notice if you decide to cancel your place. If less than 6 weeks notice is given you will forfeit your deposit.

 

Student Hardship

Financial support is available from the LSE for student parents who are having difficulty in paying nursery fees.  For further details please click on the below link:

There are two funds available – (1) Student Union Fund and (2) Student Hardship Fund Support for Student Parents at the LSE Nursery| please contact the Financial Support Office on 020 7955 6609 or financial-support@lse.ac.uk| and they will provide further information of how to apply for either on these two.

Childcare Grant

If you are a full-time student with dependent children, you may be entitled to the childcare grant from your local authority. The childcare grant is money to help you pay for childcare costs while you are a full-time student. This will be means-tested, the amount you get will depend on your household income and your actual childcare costs. It is possible to receive up to 85% of actual childcare costs up to a limit of £148.75 a week. Your child must be in registered childcare, ie a centre registered with OFSTED, and you do not have to repay this help. The Gov.uk website contains further information on the Childcare grant| www.gov.uk/childcare-grant|.

Staff hardship

Members of staff may be eligible to claim working families tax credit and/or children's tax Credit.  Please call the Inland Revenue directly on 0845-302-1414 for further details or see HM Revenue & Customs Tax credits| pages.

Salary sacrifice scheme

Employees of the School may, if they wish, join a salary sacrifice scheme which enables fees to be paid direct from salary before deduction of income tax and NI contributions. Employees who decide to participate will be asked to sign a written amendment to their employment contract with their salary reduced by the equivalent cost of their nursery fees. The employee must be using the nursery or must have a firm offer of a place before applying to participate in the scheme. The place may be part-time or full-time and all employees using the nursery are eligible, provided that their contracted earnings are greater than the cost of their nursery fees and above income tax and NI contribution thresholds. Further details are available from Norbet Severin, Tel: 020-7955-7922

Nursery education grant

All parents whose children are three and over will be entitled to the nursery educational grant, which is received three times a years through their local government. The nursery applies for this grant on your behalf.  

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