Korean Adoption Fees

Korean Adoption Fees

Fees paid to New Beginnings

DescriptionDue atFee TypeAmount ($)
Application (AFP)Submission of AFPUS Expenses350
New Beginnings’ Fee, 1st partAdoption Service AgreementUS Expenses2,000
Program Coordination, 1st partHome Study ApprovalUS Expenses2,500
Program Coordination, 2nd partAcceptance of the ReferralUS Expense2,000
Foreign Agency FeeAcceptance of the ReferralForeign Country19,500
New Beginnings’ Fee, 2nd partSubmission of EPUS Expense2,500
Program Coordination, 3rd partSubmission of EPUS Expenses3,000
Total Fees paid to New Beginnings, §96.40(2)(3).31,850

 

Social Services done by NB for families living in our service area of NY, NJ, PA, or FL.

DescriptionDue atFee TypeAmount ($)
Home StudyAdoption Service AgreementHome Study (add 400 for NY)2,200
Post-Adoption, six reportsSubmission of EPPost-Adoption Reports2,850
Transportation home visitWhen BilledMileage/Travel62¢/mile

Social Services for families outside our service area. Fees paid to Local Adoption agency. 

DescriptionDue atFee TypeAmount ($)
Home StudyWhen BilledHome Study1,700 to 3,200
Post-AdoptionBefore travelPost-Adoption Reports2,550 to 3,000
Supervision of ServicesWhen BilledHome Study & Post-Adoption500/300
Total Social Services, Home Study, and Post-Adoption Fees5,050 to 7,000

To see a sample Adoption Service Agreement, submit a pre-application or send your request to nb@new-beginnings.org.

The Costs of International Adoption

International adoption can incur significant expenses, but various forms of assistance are available to alleviate the financial burden. Organizations and foundations offer grants and loans, while the adoption tax credit can provide substantial savings, potentially exceeding $16,180 and significantly reducing the overall cost of adoption.

Comparing expenses between adoption agencies can be complex. International adoption agencies must disclose their fees and provide a sample agreement upon request. While fees are itemized, disclosures vary between agencies, making comparisons difficult.

Here are two guidelines to help when comparing fees. First, compare fees that are set and paid directly to the agency. Second, the fees paid to the foreign provider should be compared, whether routed through the agency or paid directly to the foreign provider. For New Beginnings, these fees are detailed above.

 While New Beginnings fees may not be the lowest, our fees are always competitive. When selecting an adoption agency, it’s crucial to consider factors beyond just fees. Nevertheless, adoption can be expensive, and knowing the cost is important.

Need Financial Assistance?

If you have chosen to pursue international adoption, you should know that financial assistance may be available to help with the adoption expenses. Check out our financial assistance page, which lists several options for families hoping to find help in meeting their adoption costs.

 

Budgeting For International Adoption

When you’ve made the decision to adopt, it makes sense to put together a financial plan before you begin the process. Adoptions come with the standard agency, legal and home study fees, but for international adoptions, there are additional travel, visa expenses and a fee to the foreign agency to consider.

Here are a few tips on how to plan and prepare for these expenses

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