The Ins and Outs of Financing Adoption

Loans and Benefits

Nonrecurring Adoption Expense Reimbursement

After families have finalized the adoption of a child with special needs from the public child welfare system, they may be able to apply for reimbursement of expenses they paid related to the adoption. These expenses may include the home-study fee, costs for travel to meet the child, attorney's fees, etc. Each state sets a cap for the maximum amount of reimbursement, which cannot exceed $2,000. A few states do not allow this benefit.

Employer Benefits

Many employers offer a range of benefits for families who adopt, including paid or unpaid leave when the child arrives in the home, reimbursement of a portion of the adoption expenses, assistance with adoption information, and referral services. Corporate human resources departments will provide employees with information about available benefits. For additional information, see the National Adoption Center's "Guide For Employee Benefits." Contact them at (215) 735-9988 or (800) TO-ADOPT.

Adoption Loans

The National Adoption Foundation has established a $9 million revolving loan bank to provide unsecured loans to adoptive families. Payments and interest then help other adoptive parents. NAF also has a home equity loan program. Both loan programs are financed through MBNA. The foundation has a limited program to provide grants, usually in the $2,500 range, to assist families with adoption costs. You can call the foundation to request that an application packet be sent to you. For grant information, call (203) 791-3811.

For loan information through the National Adoption Foundation, call MBNA at (800) 448-7061 or contact:

The National Adoption Foundation 100 Mill Plain Road Danbury, CT 06811

Jewish families may apply to the Hebrew Free Loan Association for interest-free loans to Jewish adults who wish to adopt domestically or internationally. Their Web site is at

Several local and national banks now offer adoption loans; check with banks in your area.

Source: National Adoption Information Clearinghouse

Content courtesy of American Baby.