Household income ceiling for pre-school fee subsidies raised to $15,000 to maintain affordability: Goh Pei Ming
The gross monthly household income ceiling for the Additional Subsidy for childcare and Kindergarten Fee Assistance Scheme, or KiFAS, will be raised to $15,000, from January 2027 said Minister of State for Social and Family Development Goh Pei Ming on Friday (March 6).Speaking during the Committee of Supply debate in Parliament, Goh said that income thresholds for all subsidy tiers will also be increased to reflect household income changes, helping to further reduce fees for more families.«This will further improve affordability of pre-schools for more than 60,000 lower- and middle-income families with young children,» Goh said.He added, «For example, a median income household earning $12,500, with two children in Anchor Operator childcare, will see their total out-of-pocket fees for both children reduce by 35 per cent from $730 in 2026 to $470 in 2027.»Goh highlighted that, since the start of the year, full-day childcare fees have been capped at $610 for anchor operator pre-schools and $650 for partner operator pre-schools, representing a 15 per cent reduction since 2020.