Adoption Financing

Most people can afford to adopt, but it may take good financial planning. There are organizations focused on helping make it financially possible for you to adopt through loans, grants, or subsidies, and many creative couples have found ways to raise at least some of the money on their own.

Here are some ways to help afford an adoption:

• Ask a family member for a loan (they just might give it as a gift);
• Can you borrow against a retirement plan?
• Find out if your employer has adoption benefits; this could be $2,0000 or more;
• Consider a commercial lender or financial institution;
• The Adoption Tax Credit, over $10,000;
• Government subsidies for foster adoptions
• Some placing parents may have private insurance or Medicaid;
• Check to see if your insurance policy will cover adoption medical expenses for the birth mother after the adoption (this is becoming much more common);

For more information:

• More Information About Adoption Costs
• The Financial Impact of Adoptive Parenthood

1. Getting Started with Adoption
2. How Many People Choose Adoption?
3. Is Adoption Right for You?
4. Adoption Self-Assessment Quiz
5. Which Children Are Available for Adoption?
6. Sibling Groups
7. Who Can Adopt?
8. Qualification Requirements for Adopting Parents
9. Your Adoption Options
10. Agency Adoption
11. Private (or Independent) Adoption
12. Options in Independent Adoption
13. Adoption Facilitators
14. International Adoption
15. Foster Adoption
16. Stepparent Adoption
17. Transracial Adoption
18. Special Needs Adoption
19. Military Adoption
20. Making an Adoption Plan
21. Selecting an Adoption Professional
22. Getting an Adoption Homestudy
23. Adoption Costs
24. Why Do Costs Seem So High?
25. Help Handling the Costs of Adoption
26. The Adoption Tax Credit
27. Adoption Subsidies
28. Employer Adoption Benefits
29. Networking & Networking Tools
30. Legal Issues in Adoption
31. Evaluating Adoption Risks
32. Open Adoption
33. Breastfeeding the Adopted Child
34. Coping With the Wait
35. Glossary of Terms
36. Recommended Reading
37. Conclusion