943.01 Cost Share and Provider Co-Pay SR 13-26, 07/13 (FAM-A) |
The cost share is the amount the Department has determined that families owe their child care provider as their contribution towards the cost of child care. The family’s cost share is based on a percentage of the family’s gross income, and the percentage used is based on the income Step level by which the family became eligible for a scholarship. This means the cost share will be different for each family. The chart below lists the percentages by Step level used in the cost share determination process:
|
FAMILY COST SHARE |
|
Income Step Level |
Eligibility Limits |
Percent of Family Income Assigned to Cost Share |
|
1 |
< 100% FPL |
4.75% |
|
2 |
>100% FPL < 120% FPL |
7.5% |
|
3 |
>120% FPL < 140% FPL |
10% |
|
4 |
>140% FPL < 160% FPL |
12.5% |
|
5 |
>160% FPL < 190% FPL |
14% |
|
6 |
>190% FPL < 220% FPL |
17% |
|
7 |
>220% FPL < 250% FPL |
20% |
Families with more than one child eligible for NH Child Care Scholarship will have the family cost share amount divided equally among all the eligible children enrolled with approved providers. This family cost share, once it is divided by the number of children in the family, is then referred to as the child’s cost share.
For all Steps: Families may be responsible for paying the difference when providers charge a rate that is higher than the NH Child Care Scholarship Maximum Weekly Standard Rate. This is called the provider co-pay.