What Are Fostering Rates?

What Are Fostering Rates?

The amount of money foster care providers receive is determined mainly by the child's age. For example, in 2014, Wisconsin provides a monthly amount of $375 for children under 4, $410 for children from 5 to 11, $466.00 for children 12 to 14 and $487 for children 15 and over.

Fostering rates vary significantly by state, with extra money provided for children with special needs. Foster parents in Rhode Island receive a different amount than those in Wisconsin, receiving an average of $729.39 per month to provide for the foster child. States can provide the money in the form of subsidies, direct payments and reimbursements.