If you have decided to explore adoption, one of your first concerns will likely be the expense. Depending on what path you are choosing, the cost of adoption can be significant. The fees for a private adoption can top $50,000. Choosing to adopt from the foster system can cost around $2,800; however, there are more ongoing costs for counseling and support depending on the child’s age, details of the previous parental and living situations, and any traumatic history.
While adoption can be expensive, don’t get discouraged. There are many possibilities to help fund your adoption without sinking deep into debt. If you get creative, the dream to grow your family can become a reality.
Many organizations nationwide offer grants to help with the cost of adoption. Review their criteria and timelines for submission. Most will require an application, references, and a home study. Be prepared to share your background, financials, relationships, routines, and more through this process. The amount awarded varies according to the organization. You will likely have all your paperwork compiled for other parts of the adoption process already, so it’s worth the effort to go through the grant application.
Hosting an event can be a very public way to tell your story and demonstrate what adoption means to you. You can use this opportunity to educate your friends, family, and community about adoption and how it works. Adoption and related processes may be unfamiliar to many, so don’t assume they know how you will be navigating the costs and other requirements. Some event ideas to consider are a garage sale, silent auction, benefit concert, card tournament, or selling handmade food and items.
Once you decide to adopt, start writing down your experiences and emotions. Keeping a journal can be a great foundation to publish your story online and ask for financial support. This can be a beautiful way to communicate with friends and family about what growing your family through adoption means to you. Often these stories get shared, and strangers feel moved to contribute. You can also set markers to achieve an amount. For example, if a home study costs $2,000, set up a goal to meet that amount. Once you reach it, set a new marker to help with legal costs, medical expenses, or fees. As always, be cautious about the personal and financial information you post online.
There are many other methods to explore for monetary assistance, including:
- Federal adoption tax credit
- State tax credits
- US military reimbursement
- Employer assistance
- Low-interest loans
It is wise to speak with an adoption agency and complete some initial steps before seeking financial support. Heart of Adoptions Alliance can help you get a complete picture of what is ahead and decide the best way to solicit help.
Think about the big picture, and don’t get frustrated if one method does not bring in as much support as you hoped. Remain focused on your goal and sharing your wishes. Allowing yourself to be vulnerable and telling your story will compel people to support you over time. In the end, you will welcome a beautiful child to your family. Don’t forget to thank anyone who provides financial gifts and support along your journey.
For resources, including help with grant applications, advice on fundraising opportunities, financial options, and government programs, call 866-432-7860 or email us at [email protected].