Early Years Funding Formula for Cambridgeshire providers 2024-25
Changes to early years funding rates for April 2024-March 2025 were approved by Children and Young People's Committee following consultation with the Cambridgeshire Early Years Provider Reference Group.
Funding rates for 2024-25 will include the new expanded entitlement for working parents. This will apply in two stages:
- For children aged 2 and over from April 2024
- For children aged 9 months and up from September 2024
Value per hour |
April 2023 |
September 2023 |
2024-25 |
Three and four-year-old places |
£4.63 |
£5.14 |
£5.40 |
Two-year-old places (targeted families) |
£6.12 |
£8.12 |
£8.00 |
Two-year-old places (working families) |
- |
- |
£8.00 |
9-months - 2 years old (from September 2024) |
- |
- |
£10.70 |
Early Years Pupil Premium: Will be paid at a rate of £0.68 per hour for eligible children from April 2024 (up 2p/hour). This premium will be payable for any funded child, including those children under 3 who meet the criteria.
Disability Access Funding: the lump sum paid to settings for eligible children will increase to £910 from April 2024 (up from £881). This funding will be payable for any funded child, including those children under 3 who meet the criteria.
Deprivation Supplement
Deprivation supplement |
|||
Rank |
Residence of child |
IDACI Rank |
Value per hour |
1 |
Highest 10% of Lower Super Output Areas (LSOA) per IDACI |
0 - 3284 |
£1.30 |
2 |
Next highest 10% LSOA per IDACI |
3285 - 6568 |
£1.00 |
3 |
Third highest 10% LSOA per IDACI |
6569 – 9852 |
£0.65 |
4 |
Fourth highest 10% LSOA per IDACI |
9853 - 13136 |
£0.30 |
0 |
Remaining 60% least deprived |
13137 - 32844 |
£0.00 |