Ways to manage funding

Care I Wish07 Dec, 2023Health

"When applying for NDIS funding, you're able to request how you'd like NDIS funding to be managed. Ultimately, the NDIA will review and approve your request for either Self, Plan or NDIA Managed funding. ? Self-managed NDIS funding means you are in control of your own NDIS funds. ? Plan-managed NDIS funding means you have a provider who supports you to manage your NDIS funds. ? With NDIA-managed funding also referred to as an ""agency-managed funds""?the NDIA will provide you with a list of local registered providers and guide you through available options that will allow you to track your spending. The best way to manage your NDIS funding depends on what works best for you and your circumstances. Different Participants will need and prefer different approaches and preferences may change over time."