Without a doubt, in vitro fertilization
(IVF) remains one of the most expensive infertility treatments available. It
can get even more expensive if a surrogate is involved. Considering that a
round of IVF can cost at least $8,000-$12,000 when you include the costs of
medications, you might be wondering how to afford IVF. If so, you’re not alone. The
cost of the treatment may be so high for some people that the treatment isn’t an option.
Given that you might need three or more
round of IVF to have a baby, IVF costs could be more than $36,000. Take heart,
though, because with some forethought, creativity, and diligence, you can
figure out how to afford IVF and then move on to planning for your family. Many
people make the decision to go with the treatment and figure out how to afford
IVF later – just because for some, IVF provides the only path to conception.
If you have a great community of supportive
friends and family members, consider hosting a few fundraisers to help with the
cost of building your family. Get your church or neighborhood involved on your
behalf. You may need to share your story and be open about your infertility,
but the upside is that sharing personal details gives people a chance to
support you. Talking about your dreams for a child may inspire others, and
develop or deepen relationships, too.
Not so long ago, crowdfunding, which is
essentially pooling together resources from people you know and people they
know, and sometimes people you DON’T know – wasn’t easy to do. Today, it’s as
easy as starting a campaign on YouCaring.com or a similar site.
Crowdfunding grows in popularity every
year. Sites like YouCaring and GoFundMe allow anyone to create a page and ask
people for donations to their cause. It is not uncommon for couples to use
those platforms to raise tens of thousands of dollars for IVF. Sign up requires
no money, so you can get started free of charge.
One couple raised over $60,000 toward their
IVF costs through the YouCaring platform. The key to success with crowdfunding
is that you may need some momentum through donations from family and friends
before total strangers will donate money to you. If you set up one of these
crowdfunding fundraisers, be sure to share it with family and friends via
social media often. Once you get traction, you may begin seeing donations from
people you’ve never met and that are just sympathetic to your situation.
If you have good credit, you can probably
qualify for fertility loans.
These special loans cover specific types of treatment, and may or may not come
with fees. The upside of using fertility loans is that the companies are
usually associated directly with a clinic (called a participating center or
Because these businesses specialize in
working with people wanting to build a family, they are often family-centric
and comfortable with the anxieties and nuances surrounding IVF. The loan
process is usually quite straightforward.