Adoption Financing Advice and Assistance
Adoption can be a very expensive process, but there are ways to lessen the financial burden. Below is a list of places to start when trying to seek financial assistance for your adoption.
- Please consider foster care adoption, which is very low-cost compared to domestic and international adoption. Many families also receive federal or local subsidies to pay for ongoing needs.
- The Adoption Guide has a comprehensive list of where to go for financial aid.
- The National Council For Adoption offers adoption lines of credit up to $25,000 through Bank of America.
- Some organizations award financial grants to be used to defray the cost of adoption. These grants are award by:
- Hold your own fundraiser with family and friends. Here are some ideas.
- Some employers offer adoption benefits. Check with your HR department to see what your company offers.
- If your employer does not offer adoption benefits, propose the idea to your company with these materials.
- How to talk to your employer about why the company should create adoption benefits.
- Interest-free loans are offered through a few different sources.
- interest free loans from the ABBA Fund.
- The WACAP offers interest-free loans for families that use WACAP as their adoption agency.