Understanding how NDIS funding works is key to making the most of your plan. Your NDIS plan outlines the support you need to achieve your goals, along with the funding allocated to cover those services.
NDIS funding is typically divided into four categories: Core Supports, Capacity Building Supports, Capital Supports, and Recurring Supports, each with specific funding areas.
Core Supports are designed to help you with everyday activities. These funds are flexible and can be used across a range of services to support daily living.
These supports are designed to help you live independently and safely at home, ensuring you can participate in your community.
Capacity Building Supports are aimed at increasing your skills and independence, helping you work towards your long term goals.
These supports help you gain the skills and resources to participate in the community and increase your autonomy.
Capital Supports are for funding high cost items or services that assist with your mobility, accessibility, and overall independence.
These supports ensure that you can live as independently as possible, with the right equipment and environment tailored to your needs.
This funding category focuses on supporting you in finding and maintaining employment. It is designed to increase your independence and self-sufficiency in the workplace.
These supports help you become more employable and give you the skills to thrive in a workplace.
NDIS funding for social and community participation helps you engage with your community and leads a fulfilling life outside of your home.
These supports allow you to engage more fully with your community and develop meaningful relationships with others.
When your NDIS plan is developed, your support needs and goals are assessed to determine how funds should be allocated to each category. Your NDIS Plan Manager will help you track and manage your spending across all funding categories, ensuring you’re making the most of your NDIS funding.
At Axial Plan Management, we aim to provide a seamless experience for managing your NDIS funding. Here’s why you should choose us:
Tailored support to help you achieve your goals and manage your NDIS funding effectively.
Our experienced team is here to guide you through the complexities of your NDIS plan, ensuring you make informed decisions.
With real-time access to your funding, you can track your spending and remain in control of your budget at all times.
Unspent funds may carry over to the next plan period, depending on your plan’s guidelines. We can help you track and manage your spending to ensure you’re using your funding effectively.
Yes, you have the flexibility to change providers as your needs change. We’ll help you find and manage the best providers for your goals.
Your funding will be transferred to your chosen Plan Manager or the NDIS portal, where it can be used to pay for approved services and support.
Ready to take control of your NDIS funding? Contact us today to discuss how we can help you manage your plan and achieve your goals.