Sharon - the cda top up of $400 n $300 is depend on the annual value (AV) of ur flat. if ur annual value in 2010 is less then $13,000,den ur child will get $400.If above $13000 for AV of flat,den ur child will get $300 onli.
The Credit will be paid into the Children Development Accounts (CDAs), which most children already have. For those who do not currently have CDAs, they will be able to open new accounts to receive their Credits. MCYS will send letters to parents of eligible children to notify them by June 2011. Payment will start from July 2011.
While the $3500 scheme is additional help given to those low income family.Read below taken frm
http://www.singaporebudget.gov.sg/budget_2011/key_initiatives/families.html#s1
"Supporting Families with Children
(C1) Kindergarten Financial Assistance Scheme and Centre-based Financial Assistance Scheme for Childcare
The Government will also give additional support to lower-income families by enhancing subsidies for preschool education and childcare fees. The Kindergarten Financial Assistance Scheme (KiFAS) and the Centre-based Financial Assistance Scheme for Childcare (CFAC) currently provide large subsidies for children from low income families.
KiFAS and CFAC will be enhanced and extended to include families with up to $3,500 in gross monthly household income (40th percentile). These enhancements will double the children who benefit from KiFAS and CFAC to 24,000.
More details will be provided during the Ministry of Community Development, Youth and Sports Committee of Supply."
Conclusion : CDA topup - child 6 and below confirm will get and does not depend on hsehold income.Applicable to use on approved childcare,preschool and medicial.While, Additional help for low imcome family,only hsehold income of not more then $3500 will be award.and onli applicable to childcare and pre-school edu.[IMG=http://www.singaporemotherhood.com/forumboard/clipart/happy.gif]
haha kind of long winded..