There are three types of NDIS fund management available for participants.
NDIS participants must select one of the three types of funding management options. Your planning meeting is where you choose how your funding will be managed but if you change your mind or want to switch then don't worry, you can request a change at any time. There are circumstances where a support category may use multiple methods of plan management.
Plan Managed
A benefit of Plan Managing your NDIS funding is that you have the flexibility to choose from both NDIS-registered and non-registered service providers.
You also have a Plan Manager taking care of the administrative tasks involved when you have an NDIS plan, like paying all of your NDIS-related bills, and following up with providers if there are errors in invoicing. A Plan Manager will also help you to stay across your budget through monthly statements, alerts if you are at risk of overspending, as well as being available to call upon if you have any questions and need guidance.
NDIA Managed
You must use registered NDIS providers and the providers claim directly from the NDIA. A benefit of being NDIA managed is that NDIA arranges all your funds and helps with service agreements.
Self Managed
A benefit of Self Managing your NDIS funding is that you have the flexibility to choose from both NDIS-registered and non-registered service providers for your supports and services. However, it is your responsibility to submit and manage your claims with the NDIS and keep records of all your receipts and paperwork for 5 years.
Need help deciding what funding management best suits your situation?
Our table of considerations below may assist you identify what style of funding management will be the best fit for your personal situation.
| What To Take Into Consideration | Self-Managed | Plan Managed | NDIA Managed |
| DO I have someone helping with provider payments? | NO | YES | YES |
| Do I have someone keeping a record of all my payments? | NO | YES | YES |
| Can I use NDIS registered providers? | YES | YES | YES |
| Can I use unregistered providers? | YES | YES | NO |
| Is funding added into my plan for this management type? | YES | YES | NO |
| Does somebody help with my budgeting? | NO | YES | YES |
| Can I view my plan balances? | YES | YES | YES |
| Do I receive a monthly statement? | NO | YES | NO |
| Can I view all invoices that have been paid? | If you have kept records | YES | YES |