For Adoptive Families
Financial Support for Adoptive Families
Creating your family through adoption can be expensive, but our partners can help provide financial aid for adoptive families.
Creating a family through adoption is a joyful journey, but it often comes with financial challenges. Understanding the financial aid options available can help you plan confidently and move forward with peace of mind. This page outlines grants, tax credits, and other resources to help make adoption more affordable for your family.
Financial Assistance
One of the first thoughts that comes to mind for a potential adoptive family is, “How much does adoption cost?” A Baby Step Adoption Agency understands that adoption can be a big financial undertaking. Your personal caseworker will help you create a financial plan that works with your budget and helps make the adoption process affordable. Paying for your adoption doesn’t have to be overwhelming. Please note that most grant applications require a completed home study first.
Funding And Grant Information
A number of organizations offer adoption grant and/or low-cost loans to assist paying for your adoption. Some are limited to certain types of children or adoptions, while others are available to any prospective parents who meet the organization’s criteria. Your caseworker can sit down and provide you with a grant, loan, and funding resources that will work best for you. We are happy to provide our comprehensive spreadsheet on funding and grant programs and to guide you through the process.
For our full grant and loan education program and how to apply, contact us.
The partial list of adoption grants, loans, and funding resources listed below is for informational purposes only.
Federal Adoption Expense Tax Credit
The government now provides a tax credit for adoption. To learn more about eligibility and the up-to-date numbers, visit the IRS website.
State Tax Credit
Several states have enacted tax credits for adoptive families. Some are restricted to those adopting from the state’s public system. Contact your state adoption unit for more information.
Military Subsidies
Active-duty personnel are reimbursed for one-time adoption costs up to $2,000 per child, whether adopting an infant, a waiting child or a child from abroad. If both spouses are in the military, the reimbursement increases to $5,000.
Employee Benefits
Both the number of employers providing benefits for employees who adopt and the dollar amount of these benefits are growing. For help asking your employer with this benefit, the Dave Thomas Foundation is a good resource.