Foster Care: Finance
The question
To ask the Secretary of State for Education, what assessment her Department has made of the adequacy of the level of financial support for foster carers.
Answered by Josh MacAlister
Foster carers do not foster for financial reward, but need adequate support to ensure that they, and the children in their care, can achieve and thrive.
The department has set the National Minimum Allowance to cover the cost of looking after a child. The amount depends on the age and location of the child, but ranges from £176 to £309 per week, and increases annually along with tax relief and in line with inflation to reflect the cost of living.
The department recognises that wider support, such as fees and expenses, remain inconsistent. To better understand this variation and the impact this has on recruitment and retention, we have committed to an in-depth study of fostering finances. Alongside this, we will work closely with local authorities to understand and promote the full range of incentives they offer to carers, such as council tax discounts or exemptions and reduced rate local authority parking.
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