Yeah, we paid a bond for DD to do before/after school care recently. I think it's strange - the 2 centres I used before she was school-aged never required a bond of any sort, just 2 weeks in advance.
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13-02-2012 19:15 #11
13-02-2012 20:23 #12
I have to for DS2's pre school .I paid one last year AND ive had to pay one for this year aswell... Dont they get enough money?> Seriously!!!!!
13-02-2012 20:38 #13
We paid a $200 bond for DS, when DD got her spot we just topped it up to the family bond of $300.
Eta :- we didn't need to pay two weeks in advance, just the bond.
Last edited by Chocolate All Gone Now; 13-02-2012 at 21:33.
13-02-2012 20:42 #14
You would think two weeks in advance would be enough.
I didn't need to pay a bond for our childcare centre. And when looking for one none said anything about a bond. Maybe it depends on the state. I'm in Vic if that makes any difference.
13-02-2012 21:31 #15
wow im shocked. arnt those amounts more than a bond for a houst/unit? not sure as ive never rented but i thought a bond was $500. i dont get what they do with the money other than earn interest on it. if 100 kids went there and paid $660 bond then thats $66,000 they are earning interest on.
13-02-2012 21:32 #16
13-02-2012 21:36 #17Senior Member
- Join Date
- May 2009
A bond for a house is typically four weeks rent - so if rent is $400 per week, bond is $1600.
13-02-2012 21:37 #18
Yep, 2 weeks in advance plus a bond which is the equivalent of 2 weeks full (not subsidised) fees. That's to make sure if parents pull out it covers the last 2 weeks which has no subsidy if the child doesn't attend. Otherwise it's refunded.
13-02-2012 21:50 #19Senior Member
- Join Date
- Jun 2010
- Sunshine North
I had to pay a $100 bond for DS, but didn't have to pay anything else in advance.
13-02-2012 22:00 #20Senior Member
- Join Date
- Nov 2011
I have never heard of it in centres but run a fdc and although I have never done it, I believe it is quite common particularly if a family is taking extended holidays over Christmas or something. It was recommended that I do it but I didn't think it was necessary and I know most of my families couldn't afford a big bond anyway.
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