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how much money do foster parents make

The amount foster parents make can vary widely based on several factors, including the state or country they are in, the age and needs of the child, and the specific agency or organization involved. Generally, foster parents receive a monthly stipend intended to cover the child’s basic needs such as food, clothing, and other expenses.
In the United States, the average monthly payment for foster care can range from $400 to over $2,000 per child. For example, some states may offer around $600 to $800 per month for a child, while others might provide higher amounts for children with special needs or older youth. Additionally, some states provide additional support for medical expenses, school supplies, and extracurricular activities.
It’s important to note that foster care payments are not considered income in the traditional sense; they are intended to help cover the costs associated with caring for the child rather than serving as a salary or profit for the foster parent. Foster parents should also be aware of any tax implications related to the payments they receive.
For the most accurate information, it’s best for prospective foster parents to contact their local child welfare agency or foster care organization to understand the specific compensation structure in their area.

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