Costing of Foster Care

Foster care is quite different than adoption. While adopting a child, you have to bear all the expenses of your new family member and he or she is a permanent member of your family. Foster care, on the other hand, is temporary and mostly it is aimed at reuniting the child with his family. Furthermore, foster carers have a salary and the details are provided in this article, with respect to the UK.
Read the complete article to learn more!
Foster carers get an allowance to cover the cost of caring for a child.
Minimum weekly allowance – 2016 to 2017
Babies |
Pre-primary | Primary | 11 to 15 | 16 to 17 | |
London | £142 | £145 | £163 | £184 | £216 |
South East | £136 | £140 | £156 | £177 | £208 |
Rest of the UK | £123 | £126 | £139 | £159 | £185 |
The rates are updated every April. The current rates are the same as the 2015 to 2016 rates.
For more up to date rates, please see our Fostering Pay guide
Pensions
If you foster, you’ll be eligible for National Insurance credits, which counts towards your State Pension.
The complete article can be found here:
https://www.gov.uk/foster-carers/help-with-the-cost-of-fostering