Anyone can applyf for a Budgeting Loan, however you will only be awarded one if you meet the eligability criteria:Budgeting Loan Criteria

Eligability for ?budgeting Loan

In general you can get a budgeting Loan if you have not exceeded the maximum Social Fund debtp of ?1500, and have been on income based benefits for 16 week +.

the following criteria apply

Eligibility

To qualify for a Budgeting Loan you or your partner must have been getting one of these benefits for at least 26 weeks:

  • Income Support
  • income-based Jobseeker?s Allowance
  • income-related Employment and Support Allowance
  • Pension Credit

Who can get a Budgeting Loan?

To get a Budgeting Loan:

  • you or your partner must not be disqualified from getting Jobseeker?s Allowance under section 14 of the Jobseekers Act 1995 (trade disputes)
  • you must be getting Income Support, income-based Jobseeker?s Allowance, Employment and Support Allowance (income-related), Pension Credit or payment on account of one of these benefits or entitlements
  • you must also have been getting Income Support, income-based Jobseeker?s Allowance, Employment and Support Allowance (income-related), or Pension Credit for the last 26 weeks, or have been the partner of someone getting Income Support, income-based Jobseeker?s Allowance, Employment and Support Allowance (income-related), Pension Credit or payment on account of one of these benefits or entitlements, for you for 26 weeks, or a combination of them. If at any time during that period you or your partner stopped getting Income Support, income-based Jobseeker?s Allowance, Employment and Support Allowance (income-related), Pension Credit or payment on account of one of these benefits or entitlements, any gaps of up to 28 days will be ignored.

It is up to the decision maker to decide who should get a Budgeting Loan and how much they should get.

2 comments on “Who can get them

  • I am a lone parent and i get highest rate incapacity benefit + low rate disability benefit, can i claim any any other benefits? And can i get a loan from social fund while on these benefits?

  • I have an adult severely disabled son receiving esa im his power of attorney and receive his benefits ive only bin on income support 6 wks cam i claim budgeting loan based on sons esa thanks

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