Foster Parent Allowances

What are Foster Parent Allowances?

When a child is placed into foster care, the cost of caring for them is paid to a foster parent in the form of a fostering allowance. This is made up of financial payments that cover the costs of caring for a child, plus a professional fee for their work. This enables Foster Parents to commit to fostering as a full-time career.

 

By the Bridge Foster Parents deserve to be rewarded for their hard work. Although we know it is impossible to place a monetary value on work that foster parents undertake on a day to day basis, our generous allowances take into account the demands of foster parenting and the significant role a good foster parent makes on a child or young person’s life.

 

Excellent Foster Parent Pay

The amount of allowance paid depends on the type of fostering you do, with considerations like the age and individual needs of the child.

 

The average pay for a foster parent is £450 per week per child.

 

The fees we pay to our Foster Parents vary according to the type of fostering you do. You’ll receive an excellent weekly pay for each foster child. Typically a Foster Parent could earn £23,400* a year, tax free, fostering one child (that's the equivalent of a £29,440* taxed salary).

 

 

*Based on one child in place for 52 weeks in the 2018/19 tax year

 

Additional Fostering Allowances

As well as your professional fee we offer additional allowances, some that are unique to us, that other fostering agencies do not. Allowances such as:

  • An allowance towards the cost of a holiday for the child
  • An initial clothing allowance and school uniform allowance
  • Help towards the cost of celebrations for children, such as birthdays, Christmas and other festivals.
  • Summer Activity Allowance

 

If By the Bridge with Cambian seems like the type of agency you would like to foster with then Contact Us for more information to begin your fostering journey.

Fostering Offices

 Testimonial Image

Our local offices and countryside locations are carefully chosen and decorated with bright colours, pictures and plants. So everyone experiences a sense of care, value and ‘a homely’ feel when they come to work or visit. We aim to create an environment where people feel valued and can grow, develop and achieve their goals.

Did you know?

The government has generous tax allowances in place for those who foster and this means that you will pay little or no tax, depending on how many children you care for. Typically a new foster parent could earn £22,157* a year, tax-free, fostering one child (that's the equivalent of a £27,923* taxed salary)