Surrogacy Grants Can Help Build Your Family
Choosing to start a family through surrogacy is an amazing and exhilarating decision. However, the surrogacy process can be expensive. Financing surrogacy means navigating a range of different costs, such as agency fees, medical payments, travel costs, and legal services. So, before you begin the process of finding a surrogate, it’s important to think through the financial aspects. Fortunately, there are several ways to help pay for a surrogate.
How Can Surrogacy Grants Help?
Surrogacy grants can be a lifesaver for individuals or couples struggling to have a child. A surrogacy grant is a sum of money that helps cover the fees associated with the surrogacy process. This money does not need to be repaid and can often be used for expenses such as in vitro fertilization (IVF), infertility treatments, and surrogacy. Surrogacy grants, which are offered by many different nonprofit and family foundations, are typically disbursed once or twice every year and can provide as much as $16,000.
Who is Eligible for a Surrogacy Grant?
Nonprofit and family foundation grants are typically available to any US resident, regardless of gender, marital status, or sexual orientation. While each organization will have different requirements, most require an infertility diagnosis to be eligible. In addition, some organizations require residency in a specific state or region or membership within a particular organization.
Financing Surrogacy: Explore All Options
There are many additional funding options in addition to surrogacy grants. Here are a few popular choices that can help.
Consider Surrogacy Loans
Taking out a loan can help you gain access to the funds you’ll need for financing surrogacy services. Sources for loans include:
- Home equity loans
- Loans from family members
- Specialized fertility financing loans that may be available through your surrogacy agency or participating medical practice
Don’t Forget Surrogacy Fundraising
In addition to taking out loans for financing surrogacy services, intended parents should also consider fundraising to cover the medical and legal costs associated with surrogacy. Consider the following:
- Host an online crowdfunding fundraiser
- Host special events
- Send direct appeals to friends and family asking for support in place of holiday or birthday gifts
Budgeting for Surrogacy Services
In addition to surrogacy grants, loans, and fundraising, setting up a family budget can help with financing surrogacy. Here are a few ideas for putting aside money:
- Investigate your health insurance payment and co-payment options
- Choose a surrogacy agency that is transparent about its costs and fees
- Create a special surrogacy services savings account that you contribute to every pay period.
Family Creations Helps You Navigate Surrogacy Services
Don’t let the costs associated with surrogacy or egg donation stop you from pursuing your dream of a family! At Family Creations, we have extensive experience helping people from all over the United States. When you work with us, we can help you discover which financing options will work best for you. Contact us today to learn more.