Funding periods in practice: What we’re seeing in new plans.
Funding periods are one of the biggest recent changes to how the NDIS works so it’s no surprise they’re a hot topic of conversation right now. NDIA CEO Rebecca Falkingham has said, “This change will be rolled out gradually. Participants will not be impacted until they receive a new or reassessed plan following discussion with them to understand their circumstances.” In this update, we’re sharing insights from our team about how funding periods are working in practice. If you missed it, check out our previous explainer NDIS funding periods: What you need to know. Quick recap: What are funding periods? Funding periods are a new way the NDIS releases plan budgets over time Instead of receiving your full plan funding upfront, you’ll get smaller portions released in stages Each portion is released at the start of a funding period When one period ends, the next portion becomes available Funding periods are now being rolled out for all new and reassessed plans. What we’re seeing in plans with funding periods. As more plans with funding periods are issued, we’re noticing some emerging patterns. Some of these differences may become more consistent as the rollout continues. Some plans still have a single
