Fostering Allowance and Rewards
You make a difference, we make sure you have the financial support to match. Receive on average £25,340 per year of tax-free allowances for each child in your care
How much do foster parents get paid?
Providing a safe, secure family home is the most valuable gift you can give a child. That’s why fostering is one of the most rewarding vocations. Not only will you be helping to turn a child’s life around and make a real difference, but you’ll also receive competitive fostering allowances and rewards.
There is no single set fostering fee, but on average, our foster parents receive £487 per week per child, which is typically tax-free due to qualifying care relief. The amount of foster parent allowance you receive depends on multiple factors, including:
- The number of children you foster.
- The ages of the children you foster
- The fostering type you choose.
- The region you live in.
Foster care pay examples
Maria
Fosters a 4-year old. She receives £435.19 per week, tax-free.
Alex and Chris
Foster a 7-year old. They receive £445.20 per week, tax-free.
Claudia
Fosters a 15-year-old. She receives £469.21 per week, tax-free
Ali and Simone
Foster two children, aged 5 and 8. They receive £890.40 per week, tax-free.
How does foster care pay work?
When will I receive the fostering allowance?
You’ll receive bi-weekly fostering allowance payments once a child or young person begins living with you.
What does the fostering allowance cover?
Our foster carer allowances has two parts:
- Expenses – this covers the costs of caring for a child and includes things like groceries, clothing, entertainment and opportunities for their personal development.
- Professional fee – this rewards you for your hard work and dedication to your role as a foster parent.
Money matters, which is why we offer generous fostering allowances to help you meet the needs of children in your care while also recognising your professionalism and expertise.
We regularly review payments to ensure our foster families don’t struggle to make ends meet due to the rising cost of living and inflation.
Check out our fostering allowance calculator below to see how much you could receive.
Our Benefits:
At FCA, we acknowledge and value your work as foster parents. You go above and beyond for children and young people, so we do the same for you. Once you’ve been an approved FCA foster parent for over six months, you’ll receive two bonus payments each year – £250 in summer and £250 in winter.
When you foster with us, you can also benefit from our exclusive referral scheme. If you refer a friend and they become an approved foster parent, you’ll receive £1,500. Once they’ve been fostering with us for a year, you’ll receive another £1,500.
Additional rewards
We don’t do things by halves. When you foster with FCA, you’ll also be part of our STARS scheme, one of the most generous reward and loyalty schemes. This scheme recognises and rewards foster parents for changing the lives of children and young people in their care.
Our Stars scheme includes:
- Shine - our monthly Time to Shine Awards celebrate the incredible contribution our foster parents make within our community, offering prizes and recognition as a sincere thank you for their dedication and hard work.
- Together – to celebrate your time as part of the FCA family, you’ll receive a personalised gift or experience for each fostering milestone you reach.
- Appreciation – We organise yearly local events across the UK to thank our foster parents; this can include lunch or afternoon tea – and there is always lots of cake! We also recognise the birth children of foster parents who play an essential role within the fostering family.
- Reward - In addition to the summer and winter bonuses, we also offer an annual appreciation bonus from £150 up to £1,000 depending on your length of service.
- Savings – We provide all of our foster parents with access to our rewards platform where you can take advantage of fantastic discounts across hundreds of high street names, online stores and supermarkets. From theatre tickets and theme park adventures to National Trust properties and local cinemas, our discount scheme also helps make family days out more affordable.
National Insurance, benefits and pensions
Most foster parents won’t need to pay National Insurance as their profit from fostering is likely under the threshold. However, you may still decide to pay Class 2 National Insurance voluntarily to secure your entitlement to state benefits in case you need to claim them in the future – this includes state retirement pension, employment and support allowance, and maternity allowance.
Income from fostering shouldn’t affect means-tested benefits either as the fostering allowance isn’t counted towards income when working out the eligibility for benefits such as housing allowance, income support, child tax credit and more.
Can I continue to work whilst fostering?
Fostering allows you to leave behind the constraints of the typical nine-to-five job. It offers a flexible and rewarding work/life balance that allows you to be based at home where you can care for your own children alongside any foster children – all whilst earning a generous fee.
Alongside making a lasting and positive impact on those who need it most, when you foster you’ll be starting on a brand new career path that pays well, offers career progression, and ongoing training.
Although we do have many foster parents who continue to work whilst fostering, it all depends on individual circumstances and whether you can meet the needs of a child in your care.
Having another job is feasible, but you need to be available as needed to provide a high level of care, and the child’s welfare, safety and needs should be front and centre.
Speak to our team
Whether you’re ready to start your journey or just want to chat to an expert, where here to talk.
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