As statistics show, more than 50% of people who issued a maternity certificate applied for it. The rest of the citizens are just thinking about where they can spend their money, since they still have time - the program was extended until the end of 2021.

The legislation strictly limits what the maternity capital can be spent on. The use of money for inappropriate purposes is not allowed and may become a reason for bringing a parent to justice. For example, a citizen may become obliged to pay funds inappropriately spent.

So what can be used for matcapital in 2018?

The maternity capital program in Russia began to operate in 2007, after the president signed the corresponding law. The text of the Federal Law indicates the main directions for the correct use of capital funds.

Throughout the entire period of the program, changes have been made to the federal law regarding the directions of the use of funds. For example, one of the latest innovations is the possibility of using materiel to purchase goods necessary for the rehabilitation of a child with a disability and his integration into society.

The use of maternity capital is possible only if the following conditions are met:

• The distribution of funds for family capital is made in the application form. The application and related documents, certificates, are submitted to the local branch of the PFR located at the place of permanent residence of the applicant.
• Allocation of funds from the state budget is carried out only by bank transfer. You cannot cash out that kind of money.
• As a rule, a family can apply for capital funds only when the second child (or the next child in the family, who gave the parents the right to formalize such a measure of social support) reaches the age of three.
• You can spend money on maternity capital for all children, and not only for the baby who gave the right to a measure of social support.
• The main limitation for the use of funds is the child's reaching the age of 25.

At the same time, the official registration of marriage between parents is not a mandatory requirement for the use of the certificate.

Initially, it was assumed that the amount for the maternity certificate would be constantly indexed. And such an increase in the size of savings actually took place before the onset of the economic crisis that occurred in 2015.

Due to the unfavorable situation, the Government decided to "freeze" indexing.

At the moment, it is known that indexation will also not be carried out until the beginning of 2020, while the term of the program itself has been extended until the end of 2021. The size of the capital is 453,000 rubles.

What can you spend on

Due to the fact that the norms of legislation are regularly improved, the Federal Law has repeatedly made changes regarding the permitted areas in which these funds can be taken.

Previously, it was possible to use money under the certificate only in 4 directions. Now their circle is widened.

Improving living conditions

Funds for maternity capital can be spent on improving the living conditions of the family. Most citizens use money in this direction, for example, to repay a mortgage loan with a parent capital.

Certificate funds can be invested in the following areas:

1. Construction of new buildings, including by joining a housing cooperative.
2. Reconstruction of living quarters.
3. Repayment of a loan from the bank, provided that the funds were received for the purchase or construction of housing.
4. Partial or full repayment of the mortgage loan (principal or interest, but not payment of penalties). Refinancing of a previously executed loan agreement is also allowed, provided that the money is used as a contribution to a part of a home loan.
5. Acquisition of part of a new or secondary home.

The main condition, the observance of which is necessary for the use of money in this direction is the allocation of a share in the acquired real estate to all family members, including minor children who have not yet been born babies ( in the latter case, a special obligation is prescribed in the application).

Children education

Parents can use the maternity capital funds to pay for education for their children, as well as pay for any related services. At the same time, it does not matter which child's education the money will be directed to.

When using the capital in this direction, the following conditions must be met:

1. An educational institution where education will be paid for using capital funds must have a document confirming state accreditation.
2. Payment for education is made only if the child is studying in an institution located on the territory of the Russian Federation.
3. A student who is just starting his studies at an institute or college must be no more than 25 years old. Funds for the maternity capital can be used to pay for student accommodation in a hostel, utilities.

In addition, the certificate can be used to pay when visiting children:

1. Sports schools, sections.
2. Musical, artistic institutions involved in education.
3. Courses for the study of various foreign languages.

You can use capital money only to pay for a child's education in the above institutions, only if they have an appropriate license for the right to carry out this type of activity.

Mother's pension

The entire amount of state support or a separate part of it can be spent on providing the funded part of the mother's pension. This method of spending materkapital funds is also very popular, because when choosing it, funds can be obtained as follows:

1. Lump sum.
2. In the form of early payments (at least 10 years before the onset of retirement age).
3. Life in equal shares after the mother reaches the legal age.

If the recipient of such a pension dies, all funds will go to the heirs.

Kindergarten payment

Most of the mothers who choose the best option for using the mother capital choose a good private kindergarten. It is really possible to pay for a child's visit to such a preschool institution, but only if several conditions are met:

1. The institution must have a license.
2. The activities of a private kindergarten must be carried out within the borders of the Russian Federation.
3. The mother must have a contract on hand.

The contract must specify the cost of food, education, socialization, and ensuring the necessary hygiene standards. These kindergarten services must be paid for.

Monthly allowance from the mother capital ( available from 1st January 2018)

Matkapital is divided into parts and paid in installments only to needy families. Family income must be less than 1.5 times the subsistence level for the second quarter of 2017 per member.

This innovation concerning the division of the amount of maternity capital is valid only from the beginning of the year. For more information about the possibility of using matcapital in this way, ask your local FIU office.

For the calculation, the formula D / 12 / N = K is proposed, where:

• D - the amount of total income, including pensions, salaries, benefits, scholarships;
• 12 - the number of months in a year;
• N is the number of people in the family;
• K - income per family member.

Lump sum cash payments

At the legislative level, it is possible to receive a lump sum payment of 25,000 rubles. It can be used only subject to the issuance of an appropriate Resolution, since such a payment is not provided annually.

Every year the Government makes a decision on the possibility of using this anti-crisis measure, which is fixed in a normative act. In 2018, you can take advantage of this support measure.

Features in the regions

Certain regions of the Russian Federation provide for the possibility of obtaining their own regional capital. As a rule, obtaining this support measure is possible upon the birth of a third child in the family, but in some regions of Russia, the parents of the first child can also exercise this right.

The funds paid under the regional capital capital programs are spent in the directions established by local Orders. For example, in some constituent entities of the Russian Federation, the authorities in no way limit the options for using funds, which is beneficial for parents, and some regions require that money be spent only on improving living conditions.

What maternity capital cannot be spent on

Funds for maternal capital cannot be used in the following areas:

1. Registration of a car purchase and sale agreement.
2. Purchase of a country house.
3. Land acquisition.
4. Compensation for expenses spent on apartment renovation.
5. Payment for consumer loans.

Some of the above options for the use of money are being discussed in the State Duma, and, possibly, in the future they may become targeted areas of implementation.

When can maternity capital be used after the birth of a child

As a rule, the use of funds for maternity capital is allowed only when the child, who gave the right to issue such a measure of social support, reaches the age of three. In some cases, the certificate can be sold even before that, for example, to pay off a mortgage loan or pay for tuition.