We know that making sense of the different types of funding can be confusing, so we’ve compiled the main points you need to know about Capital Supports to confidently manage your NDIS budgets.
There are three main types of budgets under the NDIS - Capacity Building Supports, Capital Supports and Core Supports.
Read on for information about Capital Supports and how you can use them!
What are Capital Supports?
Your Capital Support Budget is used to fund more expensive or extensive supports you may need to live more independently and work towards your goals.
How do I use Capital Supports?
Capital Support Budgets are split into two categories: Assistive Technologies and Home Modifications.
The Assistive Technologies category may include equipment needed for mobility, personal care or communication. The category may cover equipment like wheelchairs, technology and vehicle modifications.
The Home Modifications category may cover improvements to your existing living situation such as installing ramps or hand rails. It may also be used to fund Specialist Disability Housing if your disability requires it.
Your Local Area Coordinator will be able to help you determine how to spend your Capital Supports budget.
Is there anything else I should know?
Just like your Capacity Building Supports, Capital Supports funding is fixed. This means you can’t use the funding across the categories - you must use it for the intended category set out in your NDIS Plan.
Capital Supports allow you to access more expensive, one-off items that will improve your life and help you work towards your NDIS goals.
Got questions? The Bright Plan Management team has the answers! Reach out today to learn more about NDIS budgeting and how plan management may help you.