Understanding NDIS Budget Categories
Navigating the different budget categories within the NDIS can be confusing for many participants. Each category has specific purposes and guidelines, making it essential to understand how to allocate funding effectively. Let’s break down the three core NDIS budget categories—Core Supports, Capacity Building, and Capital Supports—and explain how Skylight’s Plan Management helps participants maximise the value of their funding.
Core Supports Core Supports is the most flexible budget category, designed to help participants with daily living activities and immediate needs. It includes funding for assistance with personal care, household tasks, transport, and consumables like continence aids.
How Skylight Supports Core Budgets:
- Skylight ensures all invoices related to Core Supports are processed promptly and accurately, keeping services uninterrupted.
- Our team helps participants track their spending to avoid overuse or underspending in this category.
Capacity Building Supports – The Capacity Building budget is aimed at improving participants’ skills, independence, and long-term outcomes. This category includes funding for therapy, training, and employment support.
How Skylight Supports Capacity Building:
- Skylight’s Plan Managers provide detailed insights into spending patterns, ensuring that funds are allocated efficiently across various support programs.
- We assist participants in connecting with the best providers to meet their personal development goals.
Capital Supports – The Capital budget is for high-cost items, such as assistive technology and home modifications. This category often requires additional approval and detailed quotes.
How Skylight Supports Capital Budgets:
- Skylight handles the complex process of obtaining and processing quotes, ensuring compliance with NDIS requirements.
- Our team works closely with participants and providers to ensure high-cost purchases are justified and approved in a timely manner.
How Plan Management Maximises Your NDIS Budget Skylight’s Plan Management services offer participants peace of mind by handling the financial and administrative aspects of their NDIS plans. Here’s how we help:
- Transparency: Participants receive clear, detailed monthly statements, making it easy to understand where their funds are going.
- Flexibility: Access to both registered and non-registered providers expands participants’ choices.
- Guidance: Our experienced team ensures funds are used in compliance with NDIS guidelines, avoiding potential issues.
Understanding the NDIS budget categories is key to maximising the benefits of an NDIS plan. With Skylight’s Plan Management services, participants can rest assured that their funding is being managed effectively and transparently. Whether it’s Core Supports, Capacity Building, or Capital Supports, our team is here to help them make the most of their NDIS journey.
Ready to gain clarity and control over your NDIS budget? Contact Skylight today to learn how we can support you every step of the way. Get started today https://skylight.org.au/plan-management/
