Adopting a child, whether from the United States or abroad, can be prohibitively expensive. More than 90% of international adoptions cost more than $10,000, and, while domestic adoptions are less costly, they too can add up to thousands of dollars.
Families interested in adoption often turn to various sources for help in financing the process. Conventional borrowing strategies, coupled with more creative ways to save the necessary money, are what often lead to success.
Heritage Valley FCU is eager to help you grow your family. Stop by and visit us today. Our caring professionals can help you sort out your options for financing an adoption.
Another source, Gift of Adoption, is a charitable organization whose mission is to provide adoption grants to qualified parents. Grants of up to $10,000 are awarded monthly and they do not consider an applicant’s gender, race, nationality, religion, age or marital status when reviewing applications. A similar grants program is offered by Help Us Adopt a national nonprofit. Each of the websites includes helpful instructions and frequently asked questions about how to apply for their grants.
Whether your adoption financing includes a loan or grant, family savings or a monetary gift, the end result is virtually the same for all families who rise to the challenge and open their homes to children in need of one—an addition to the family that was worth every last penny.
