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Release Periods

Release Periods

Owned by Stewart Neale
Last updated: about 13 hours ago

This page provides an overview on the Release Period changes introduced by the NDIS

Introduction

Under Section 33 of the NDIS Act, a significant change has been introduced regarding how participants access their funding for new or reassessed plans. The total NDIS funding allocated for each support category will now be distributed in instalments throughout the duration of the plan.

These instalments are made available in designated "Funding Periods," meaning providers must align their service costs to the available funding within each period. The frequency of these instalments depends on the support type, with the three main Funding Periods being:

  • Quarterly (every 3 months): Most supports will receive funding releases quarterly.

  • Monthly: Supports such as Supported Independent Living (SIL) will have funding released monthly.

  • Upfront: Supports like Assistive Technology or Home Modifications will be funded upfront to cover the cost of the items.

 

Release Information on the Plan Budget

Within brevity Release Period information is identified as follows:

 

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The following is a summary of the fields configured into the New Plan Management Plan Budget record.

  • Full Budget Amount: This field is used to register a budget for the selected category.

  • Available Budget: This field is used to register the budget amount for the selected category that has been released by the NDIS.

  • Balance: This is a system field that is updated automatically to reflect the sum of the available budget - previously used + utilised amounts.

  • Component total: This field is used to register the total available budget once all funds have been released.

  • Next Release Info: This field is updated automatically and reflects the release information on the plan budget category (example 3 months ($3685.81 releasing on 26-Sep-25).

  • Budget Period Duration: This field lists the duration or the budget period based upon the information synced through from PRODA.

  • Budget Period Start Date: This field lists the commencement date of the budget period for funds being released based upon the information synced through from PRODA.

  • Budget Period End Date: This field lists the cessation date of the budget period for funds being released based upon the information synced through from PRODA.

  • Budget Period Amount: This field lists the $amount on the budget category that has been released during the period based upon the information synced through from PRODA.

  • Budget Period Released: This field is set to YES if the funds have been released, future release periods are set as NO.

  • Plan Budget: This is a drop down field that references the plan management budget record

 

Additional Information

 

https://teamdsc.com.au/resources/funding-periods-are-here-a-major-change-for-ndis-plans
https://www.ndis.gov.au/participants/changing-your-plan/what-happens-your-plans-end-date
https://www.ndis.gov.au/changes-ndis-legislation/summary-legislation-changes

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