NDIS Funding Categories

NDIS Funding Categories

Have you heard about NDIS funding categories? The NDIS assists people with a disability and the help they need to live independently and achieve their goals. The NDIS supports people with a constant and significant disability. Depending upon their needs, NDIS funding categories can be selected for the participants.

The NDIS can help to execute your personalised plan, or they can provide contacts or funding for people who can help start putting your funds to use.

Health Provider Assist can make the necessary arrangements to get off on the right foot with your NDIS plan. If you’ve selected a self-managed plan, you can start spending the budget as soon as the plan is approved.

What is NDIS funding

What is NDIS Funding?

The NDIS is Australia’s first nationwide scheme that delivers payment to qualified Australians under 65 with continuous and substantial disabilities.

The NDIS offers some amount to eligible individuals depending on their individual needs. Every member has an allotted plan that details their objectives and the funding they have received.

NDIS members can use the financial help for support and services that help them meet their personal goals. If you reach the eligibility requirements, you can apply to participate. The plan is a formal agreement between you and the NDIS.

 Read More: What does NDIS cover? 

What Are The NDIS Funding Categories?

NDIS funding categories are also known as NDIS budget categories.
Everyone’s plan is unique and customised with care and consideration.
Whether you have a self-managed or professionally managed NDIS plan, you probably notice that the NDIS funding is broken up into three funding categories. Each of these categories serves its special purpose.

There are three funding categories: core support, capital support, and capacity building. For using NDIS plan funding, it is essential to understand these budgets and what they can be used for.

1 . Core Supports Budget

The Core supports are there to assist with day-to-day life. These budgets are the most flexible in the budget categories, allowing you to use this funding across any associated support categories. The Core Supports Budget include:

  • Assistance With Daily Life (Daily Activities)
  • Consumables
  • Assistance With Social And Community Participation
  • Transport

This category is here to assist and enable us to live as independently as possible at home and in the community. This funding can be used for assistance with everyday needs, social participation and travel assistance.

What are the NDIS funding categories

2 . Capacity Building Supports Budget

The Capacity building support budget is there to help participants gain independence and any skills they need to reach their plan goals. The funding in this budget may include the following:

  • Support Coordination
  • Improved Living Arrangements
  • Improved Health And Wellbeing
  • Improved Daily Living

3 . Capital Supports Budget

The third and last budget category is the capital that supports the budget. This budget helps in assistive technology, equipment, and home and vehicle modifications.

A capital Supports budget can only be used for specific purposes and is not transferrable. This budget includes the following:

  • Assistive Technology
  • Home Modifications

If you are living with a disability, Health Provider Assist can help you with funding and assistance in accessing support and services to help you achieve your personal goals. We trust you to increase your skills and knowledge outlined in the NDIS plan.

If you are fresher to NDIS, we understand the system can seem complex and difficult to understand. Don’t worry. We are here to make this process easy for you. Contact us now or find us here to get more information.

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