Finding a way to ease the financial aspect of surrogacy can help you pursue the surrogacy process. We’re laying out your options on how to pay for surrogacy. From personal financing to fundraising, the ways to afford surrogacy are growing.

If you want to know what your financial options are, contact a surrogacy professional today.

Personal Financing for Surrogacy

Surrogacy financing is a popular choice for being able to afford the surrogacy process. There are a number of financing options you can pursue.

• Home Equity Loans – This option allows parents to borrow funds using their home as collateral. This usually requires a strong credit history.
• 401(k) Plans – A 401(k) loan allows individuals to borrow up to 50 percent of their account balance. The money must be paid back in a certain timeframe. These are sometimes automatically deducted from their paycheck.
• Credit Cards – You may be able to make surrogacy payments using a credit card. However, it’s important to note that credit cards may quickly accumulate interest if not paid off early.
• Family Members – Depending on what you’re comfortable with, some couples choose to ask their family members for financial assistance to pursue surrogacy.
• Fertility Financing Loans – Certain financial organizations specialize in fertility financing. This ranges from loans to payment plans that can be applied to surrogacy. You may also check with your bank to see what they offer including personal loans for surrogacy.

Surrogacy Grants

Grants for surrogacy are a great way to finance your surrogacy journey. These can also assist in different parts of the surrogacy journey including IVF, egg and sperm donation and much more. There are so many programs across the country that can help you, but a few of the popular grant programs include:

• Baby Quest – This program provides financial assistance for egg and sperm donation, egg freezing, artificial insemination, IVF, embryo donation and gestational surrogacy.
• Tinina Q Cade Foundation – This organization provides financial assistance of up to $10,000 to families needing assistance with assisted reproductive technology costs.
• Family Formation Charitable Trust – This offers grants to individuals or couples seeking to build their family through adoption or assisted reproduction.
• Journey to Parenthood – This program awards at least one scholarship per year of up to $10,000. This can be used for IVF or egg donation.

You can also search your local area to see if fertility clinics in the area offer surrogacy grants and scholarships for the IVF process.

Fundraising

Fundraising is another option to help you secure finances to pursue surrogacy. There are a number of online crowdfunding platforms such as YouCaring.com and GoFundMe.org to help parents take donations to achieve their overall financial goals for surrogacy.

Other parents have taken the fundraising route of hosting an event. This can look like anything from a car wash to a golf tournament. Connect with the people in your community who may offer to help with these events and assist in the promotion and marketing to help meet your goals.

Savings

Of course one of the many ways to pay for surrogacy is to save up for it. This one will take time, patience and dedication. Sit down with your partner and talk about your budget and how you might save for surrogacy. This will help you to create a plan so you have a better idea of how and when you’ll be able to afford the process.

Learn More About Surrogacy Financing Today

Working with a surrogacy professional means you have support through the entire process and beyond. They can help you assess your financing options for surrogacy. If you have questions about surrogacy financing or other financial questions, contact a surrogacy professional today.