Budgeting Advance is a financial assistance program designed to help those on low incomes manage unexpected expenses or cover essential costs. This guide will provide you with all the information you need to know about Budgeting Advance, including who is eligible, how to apply, and what the money can be used for.
What is Budgeting Advance?
Budgeting Advance is a form of support offered by the UK government to help individuals on certain benefits cover essential expenses. It is available to individuals who are in receipt of Universal Credit, Income Support, income-based Jobseeker’s Allowance, income-related Employment and Support Allowance, or Pension Credit.
The amount of money that can be obtained through Budgeting Advance will depend on your individual circumstances, and it will need to be repaid through future Universal Credit payments.
Who is eligible for Budgeting Advance?
To be considered for Budgeting Advance, you must meet the following criteria:
– You must be receiving one of the eligible benefits mentioned above.
– You must have been receiving the eligible benefit for at least 6 months, unless the money is being used to help you start a new job or keep an existing job.
– You must have earned less than £2,600 (or £3,600 for those in a couple) in the 6 months before applying.
How can you apply for Budgeting Advance?
To apply for Budgeting Advance, you will need to contact your local Jobcentre Plus office. They will be able to provide you with the necessary application forms and assist you throughout the process.
When applying for Budgeting Advance, you will need to provide information about the unexpected expenses or costs that you need assistance with. You may also be asked to provide evidence of the expense, such as invoices or receipts.
What can the money be used for?
Budgeting Advance can be used to cover a range of essential expenses, including:
– Rent or mortgage payments
– Utilities bills
– Clothing
– Travel costs
– Moving costs
– Funeral costs
– Repairs or replacements for essential household items
It’s important to note that the money obtained through Budgeting Advance is intended for essential expenses only and should not be used for non-essential purchases.
In conclusion, Budgeting Advance is a valuable form of financial assistance that can provide much-needed support to those on low incomes. If you meet the eligibility criteria, it’s worth exploring this option to help manage unexpected expenses and essential costs. Contact your local Jobcentre Plus office for more information and to find out if you qualify for Budgeting Advance.
