fostering finance calculator

Finance Calculator

Fostering is a fantastic career and our foster parents deserve to be rewarded for their hard work. That’s why we offer generous and competitive fostering allowances and payments.

Find out how much you can earn

The amount you receive in foster care payments varies from placement to placement and region to region. We understand that some children have more challenging needs and requirements than others, and that sometimes you’ll need a helping hand. Factors such as this, along with the age of the child being placed with you and the type of placement, can all affect the allowances and fostering payments you’ll receive.

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Your results

Based on your selections of being foster parent with / planning on caring for between the ages of .

You could receive around per year

Please note this is for guidance purposes only.

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Are you thinking of fostering?

Download the FCA’s complete beginner’s guide to fostering a child. Find out more on how to foster a child and the process involved.

Generous fostering payments and rewards 

At FCA, our foster parents go above and beyond for children and young people every day and we believe we should do the same for them. That’s why along with a generous fostering allowance of on average, £435 per week, our foster parents will also receive:

  • A summer and winter £250 bonus payment each year
  • Up to 14 nights paid respite
  • A special gift or experience for each fostering milestone you hit
  • Annual events to recognise and support your role as a carer
  • An additional appreciation bonus each year which rises in line with length of service with us

What do the fostering payments cover?

The fostering payments you receive are made up of two parts. Firstly, they are there to cover the costs of looking after a child; such as food, clothing, activities and every day living. The second part of the payments is a professional fee which rewards our foster parents for all their hard work.

How you spend the fostering allowance is for you to decide based on the needs the child and your family.

Extra benefits

In addition to our generous fostering allowance, we also provide our foster parents with:

  • Regular social events and celebrations
  • Access to our foster parent rewards platform
  • Training and development opportunities
  • Length of service awards
  • Expenses
  • Fostertalk membership
  • Access to respite 

Get in touch

Ready to start fostering a child or young person? Or just want a bit more information to help you decide whether fostering is for you? All you need to do is contact us.

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0800 023 4561

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