Trying to navigate around the NDIS can sometimes be confusing and complicated. That’s why we’ve put together this simple guide to help you understand how it all works. At Peasy Plan Management, we’re here to help you get the best out of your NDIS plan and take the headache away, giving you more time to concentrate on the things that count.  

To start with, the NDIS provides funding across three primary categories, these include: 

• (1) Core Supports: This category is all about providing participants with assistance in their daily life and enhancing independence and involvement in the community. Core supports are flexible, meaning you can use funds across the different supports in this category based on your needs. It includes consumables (e.g., continence aids), assistance with daily life, transport to enable participation in community activities, and assistance with social and community participation. 
• (2) Capital Supports: Designed to fund higher-cost investments such as assistive technologies, equipment, home or vehicle modifications, and funding for capital costs (e.g., Specialist Disability Accommodation). Capital supports are allocated based on the specific needs and goals of each participant and often require quotes or assessments to be approved. 
• (3) Capacity Building Supports: This funding is focused on helping participants build their skills and independence over time. It covers nine sub-categories including improved living arrangements, increased social and community participation, finding and keeping a job, improved relationships, improved health and wellbeing, improved learning, improved life choices (plan management), and improved daily living skills. These supports are aimed at achieving long-term goals and are tailored to each participant’s individual plan and cannot be moved from one sub-category to another.  

To make the most out of your NDIS plan, consider the following tips: 

• Understand Your Plan: Start by reviewing your NDIS plan. Understand each funding category and how it aligns with your goals. Don’t hesitate to ask your NDIS planner or support coordinator for clarification. 
• Choose the Right Management Option: Decide how you want your funds managed. You can self-manage, have the NDIA manage it or use a plan manager (like us at Peasy). Each option offers different levels of control and flexibility. 
• Be Proactive: Regularly review your plan and spending. Keep track of your funds to ensure you’re using them effectively towards your goals. Adjustments can be made during your plan review to better suit your needs. Peasy offers a handy budget tracking app which can help with this. 
• Seek Support: If you’re feeling overwhelmed, consider working with a plan manager, like Peasy Plan Management. We can help you understand your funding, handle the financial management of your plan, and ensure you are getting the most out of your allocated budget! 
• Stay Informed: Regulations and policies may change, so it’s important to stay informed. Regularly check for updates from the NDIS and engage with community groups or forums for shared experiences and advice. 

Understanding your NDIS funding is crucial for achieving your goals and enhancing quality of life. By breaking down the categories and learning how to navigate them, you can take control of your journey with the NDIS. Remember, every participant’s journey is different, and the goal is to find the best path that suits your individual needs and aspirations. 

For more information on NDIS Plan Managment, get in contact with us at Peasy. We can help guide you through the NDIS, giving you more free time and peace of mind. 

Ready to take the next step? Learn more about Peasy Plan Management today.