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Does a foster child get money to go to college even after they leave the foster care?
This varies from state to state, but often no.
In Florida, if a child ages out of foster care, or is adopted after age 12, or is adopted as part of a sibling group (or some other special needs conditions) and continues their education, then their education is covered by the state: 4 years of a state university or technical school.
Age outs who are participating in the road to independence program can get a check every month to help encourage them to further their education rather than repeat their birth parents cycle.
What else can I help you with?
Is the money for the foster parents or the child in foster care?
The money is to cover the expenses for the child but it's the foster parents that manage the money.
A foster child how can they get money to go 2 college?
It differs very much between the states but get tips in the links below.
In Kentucky can a 17 year old foster child get permission to move at college without a foster parents permission?
In Kentucky, a 17-year-old foster child typically requires permission from their foster parents or caseworker to move out for college. However, there may be exceptions based on individual circumstances and legal guardianship arrangements. It is recommended to consult with a legal professional or caseworker for specific guidance in this situation.
Does the money people get for the foster child get spent on the real child instead?
Not every foster family has their own children. And it is impossible to track the money down to the penny but foster families do have to account for spending the money. Yes there is some bad people in the system and some fraud.
Foster care income?
If you spend the money on the children in foster care, there is no income. It is meant to be spent like child support...... on the kids. If you get into foster care for the money then you are doing it for all the wrong reasons.
Do you get money for equal payments for each child in foster care even if they are a relative?
no
Can a parent loan a college age child money?
Sure, a parent can own a child of any age money!
What happens to child support money when you go to foster care?
Depends on the situation and reason the child goes into foster care but usually the biological parents have to pay the state and the state pay the foster family.
How much money do foster parents receive for therapeutic foster child monthly?
It depends on exactly what the needs of the child are and what state you're in. There will probably be several levels of need, and each level has a different rate.
How do they base the money you receive as a foster parent?
Each state have a set sum based on the child's age.
Why should you purchase term life insurance?
People purchase term life insurance for any number of reasons, including: 1. To pay off mortgage loan. 2. Leave money to pay estate taxes. 3. Leave money for living expenses for your family. 4. To provide money for your spouse's retirement. 5. To replace your income after you are gone. 6. To provide money for your child's college education. 7. To leave money to a charity.
Do foster parents pay tax?
Yes of course they do. They have to have an income since you don't get paid to foster, you just get money to cover the child's expenses. You still need a job.
