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Universal Credit: What is a Budgeting Advance? How to apply

You cannot claim for a Budgeting Advance if you are still paying off your previous advance.

You also need to have earned less than £2,600 in the six months leading up to your application for a Budgeting Advance.

If you are a couple, you cannot have earned more £3,600 and receive a Budgeting Advance.

If you have more than £1,000 in savings, your Budgeting Advance will also be reduced by the excess amount.

Citizens Advice explain: “Capital includes any savings, and some types of property.

“If you have more than £1,000 in capital, the Jobcentre will reduce your budgeting advance by the excess amount.

“For example, if you have £1,250 in capital, the Jobcentre will reduce your budgeting advance by £250.”



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