Their programs include grants, unsecured loans, credit cards and deposit products to aid families with the expenses associated with adopting and raising children. Federal Family and Medical Leave Act Unpaid leave under the federal Family and Medical Leave Act also is an option. This act allows individuals to take up to 12 weeks off, unpaid but with benefits, without jeopardizing employment. The leave is not exclusively an adoption benefit since it is available for anyone who works for a company with 50 or more employees. However, it can provide valuable time for a newly adoptive family.
Some states require employers to offer their workers a minimum amount of parental leave time.
Adoption Loans Adoptive families may find a loan necessary to cover the large and immediate expenses of adoption. In some cases, you may be able to pay the loan back quickly once you receive a tax credit or are reimbursed by your employer or the military. You may be able to borrow from the cash value of your life insurance policy. Some banks offer low-interest loans or credit lines for adoptive parents. Adoption loans, both home equity and unsecured, may be obtained through the National Adoption Foundation.