We recognise that looking after a child or young person has financial implications, so it is important to understand Foster Carer pay. On top of this, some of our carers decide to give up their jobs to foster. To support our carers, we provide a weekly fostering allowance made up of a professional fee and also a living allowance for the child.
As an independent agency and a social enterprise, we offer a highly competitive foster care allowance. For almost all Foster Carers, this will be tax free and will not affect any benefits you may currently be receiving.
Foster Carer Pay and Allowances:
Elsa fosters one child, aged 7. Elsa receives £459.48 per week, equivalent to £23,958 a year.
Tom fosters two sisters, aged 7 and 9. Tom receives £906.36 per week, equivalent to £47,260 a year.
When speaking to prospective Carers, we need to make sure that they’re interested in fostering for the right reasons – not only because of the pay. We need to know that they’re compassionate, warm, patient and kind, and money aside, want to change a child’s life for the better.
However, it is important that Carers have financial peace of mind. We need to make sure that potential carers have the financial information they need to make an informed decision. For that reason, we want to reassure you that we are happy to answer any questions you might have on Foster Carer pay.
At Five Rivers Child Care, we want our Foster Carers to feel secure in the level of support they receive – both in terms of practical training and financial reimbursement. Our support package provides carers with the peace of mind they need to do their job well – because that’s what really matters.
Take the first step to transforming a child or young person’s life today and register your interest with our carer enquiries team to join the Five Rivers family.
