How much do you make being a foster parent?

What income could I expect from fostering? 

Best Answer

  • DeeDee
    Answer ✓
    Hi Tish,
    Becoming a foster parent doesn't actually generate an income. It's not a job, but rather a way of providing a safe home and care for children in need. In many cases, it's a temporary situation until the child/children are able to be reunited with their biological parents. 

    Do you receive any money? Yes, you do. But it's more of a small reimbursement to help cover the cost of room and board and supplies. The money you do get is not considered taxable income, and you shouldn't expect to receive much. It's certainly not a way to making a living.

    However, the rewards are definitely great. Those who become foster parents often do it to make a difference in a child's life — and they do! Many of these kids have been neglected and/or abused. They're scared, sad, angry and sometimes traumatized by their life circumstances. Foster parents give them an opportunity to feel safe and loved again. They provide much-needed stability and a normal life. With time, children who have been hurt in the past even learn to trust again and build healthy relationships with adults. To have that kind of effect on a child is incredible! And, there is certainly a great need for foster parents who are able and willing to help these kids out. 

    If your goal is to earn an income for helping children though, I would encourage you to look at other options such as working in a daycare center or becoming a teacher or counselor. But if you simply want to make a difference in a child's life and don't want/need an income to do that, becoming a foster parent is a wonderful opportunity. Only you know what is right for you. 

    There's lot of good information out there on what you can expect if you do decide to become a foster parents. I've listed a few links below that you may find helpful. Two directly address your question of "getting paid" and the others are more general. Best of luck to you!
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