CHILD CARE COSTS
Paying for Child Care
Child Care Costs
Child care costs can vary widely, depending on the location, size of the center or home, the age of the child and other factors. Child Care Answers can help you understand the average cost of care in Indiana or any other detailed information for a particular area or type of program. Call us at (800) 272-2937.
Financial assistance is also available to families that might not otherwise be able to afford quality child care, preschool, or school-age care. Keep these programs in mind as you conduct your search and consider your budget.
Child Care Development Fund Vouchers (CCDF)
CCDF is a federal program that assists low-income families in obtaining child care so they can work, attend training or continue education. Visit the Indiana Family and Social Services Administration (FSSA) website to learn more about whether you qualify.
Sliding fee scales and multi-child discounts
Some child care programs offer adjustable rates dependent upon the income of the family and/or the number of children enrolled at the program. Check with your provider to see what is available.
Some employers offers discounts to their employees for choosing preferred child care programs. Check with your employer to see if any discounts are available.
Some child care programs receive funding from community partners to help offset the cost of child care to qualifying families. If you are a Marion County resident and your child is 3 or 4 years old, you may be eligible for Marion County’s On My Way Pre-K program or Indy Preschool Scholarship Program.
Military Child Care Assistance
Child Care Aware of America helps servicemen and women find and afford child care that suits their unique needs. Through the fee assistance programs in the Army, Navy, Marines, and Air Force, families are eligible to receive a monthly subsidy to help offset the cost of child care in their communities. See more at Child Care Aware of America’s website.
Earned Income Tax Credit (EITC)
EITC is a benefit for certain people who work and have low- to moderate-wages. A tax credit reduces the amount of tax you owe, which may lead to a bigger tax refund.
Dependent Care Flexible Spending Accounts (FSAs)
With a Dependent Care FSA, your employer takes contributions out of your paycheck before taxes and places them in your account. You then use the money in the account to pay for your child care expenses. This allows you to save money that you would have otherwise been taxed. Check with your employer’s Human Resources department for more details.