thread: Can someone please explain CCB to me

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  1. #3
    Registered User
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    Jan 2005
    cowtown
    8,276

    The maximum CCB is something like (may not be exactly) 3.65 an hour, so your % is a percentage of 3.65

    if your daycare costs $60 a day, for 10 hours - as above, your CCB will be .3522 x 3.65 x 10 = $12.85

    So CCB pays $12.85 and you pay the rest.

    Im not sure if the max hourly rate is higer for FDC than LDC, but I'm sure its not just a flat % of the hourly rate you pay, its less.
    Last edited by Pandora; May 13th, 2010 at 04:29 PM.