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Self, Agency or Plan Managed - Which is the Best Way to Manage Your NDIS Funding?

There are three ways to manage your NDIS funding - agency managed, self managed and plan managed, but which is best? In this blog, we delve into these methods to help you make an informed decision.

Date posted: Author: Christine Hawkett

The National Disability Insurance Scheme (NDIS) provides valuable support to people with disability, empowering them to lead more independent lives.

As an NDIS participant, managing your funding effectively is essential to ensure you receive the right services and resources tailored to your needs and goals. There are three primary approaches to managing your NDIS funding, each offering distinct benefits.

In this blog, we delve into these three methods (including the advantages and disadvantages) to help you make an informed decision that suits your preferences and circumstances.

1. Agency-Managed Funding

Agency-managed funding is the default option for NDIS participants who may not feel confident or capable of managing their budgets independently. With this approach, the National Disability Insurance Agency (NDIA) directly handles the financial aspects of your plan. The NDIA is responsible for paying service providers and managing your budget based on the supports specified in your plan.


  • Simplicity: The NDIA takes care of all financial administration and payment processing on your behalf, relieving you of administrative burdens.
  • Security: As the NDIA manages your funding, you can trust that your payments will be processed accurately and on time.


  • Limited Provider Choice: Agency-managed participants can only engage with registered NDIS providers, potentially limiting their options for service providers.
  • Less Flexibility: You have less control over your budget and may need to seek NDIA approval for changes, which can take time.

2. Self-Managed Funding

Choosing self-managed funding gives you the most control and flexibility over your NDIS plan. As a self-managed participant, you are responsible for managing your funding, making payments to service providers, and keeping track of your expenses and budgets.


  • Freedom of Provider Choice: Self-managed participants can choose from a broader range of service providers, including those who are not NDIS registered.
  • Budget Flexibility: You have the flexibility to reallocate your funds between support categories, allowing you to tailor your services according to your changing needs.


  • Administrative Responsibility: Self-managed participants must handle all the financial paperwork, keep records, and manage invoices, which can be time-consuming and overwhelming for some.
  • Financial Accountability: You need to ensure that you stay within your budget and adhere to NDIS guidelines to avoid potential financial issues.

3. Plan-Managed Funding

Plan-managed funding strikes the prefect balance between agency-managed and self-managed approaches. With this option, you can appoint a registered NDIS Plan Manager to take care of the financial administration on your behalf. The Plan Manager handles payments to service providers, tracks your budget, and provides regular reports on your spending. If decide on plan-managed funding, you won't be alone. About half of all NDIS participants have already decided to go plan-managed.


  • Provider Choice and Flexibility: Similar to self-management, plan-managed participants have the freedom to choose from a wide range of service providers.
  • Reduced Administrative Burden: The Plan Manager handles the financial aspects, allowing you to focus on your support and goals.


  • Finding the Right Plan Manager: There are a lot of registered Plan Managers. Choosing a reliable and experienced Plan Manager is crucial to ensure a smooth and effective management process. If you’re not sure what to look for in a Plan Manager, you can check out this article for four important things you should look for.

Selecting the right method to manage your NDIS funding is a personal choice that depends on your individual preferences and circumstances. 

Agency-managed funding offers simplicity and security, self-managed funding grants ultimate control and flexibility, while plan-managed funding combines independence with reduced administrative burden.

Consider your comfort level with financial management, the level of control you desire, and the provider choices available in your area. By understanding these different approaches, you can make an informed decision that best suits your needs and helps you make the most of your NDIS plan.

Still not sure how you want to manage your funding? Contact our friendly team on 8256 9835, send us an email or fill out our online form – we’re always happy to help.

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