Hi stuffit
There's a fair committment required in taking a foreign student; particularly if they are young.
The average weekly payment is about €130 per week - it is not taxed as you are providing board and lodgings to a person on a short term basis and is not a rental agreement. (this is what I was told)
You would need to provide a caring family!
A decent bedroom, heating, and three meals per day - breakfast, a packed lunch to bring to school with them each day, and dinner in the evening. In other words the student lives with you as one of your own children and should be cared for as such.
Also there's laundry, evening entertainment, and weekend cultural visits to be provided by you that they should get to know the area/region they are in. You might also have to do school drop off's in the morning and to collect them in the evening. Lifts to visit their friends..... oh the list could go on.
It might seem like an easy earner but far from it!
Feel free to ask any other questions.
hth
Ruth