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A budgeting advance is available for one-off unexpected financial events for Universal Credit claimants and is repayable over a period of up to 12 monthly instalments. Claimants might be able to get help for things such as: emergency household costs, getting a job or staying in work or funeral costs.<\/p>

<\/p>

Of the 485,000 budgeting advances created, between June 2015 and May 2019, 49% took the maximum entitlement and 78% chose to take the maximum repayment length.<\/p>

<\/p>

From October 2021 we will be increasing the recovery period for advances from 12 to 16 months, further supporting those in financial need.<\/p>

<\/p>

Notes <\/strong><\/p>

<\/p>

  1. Figures relate to Universal Credit full service only<\/li><\/ol>

    <\/p>

    1. Figures relate to total number of budgeting advances since their introduction<\/li><\/ol>

      <\/p>

      1. Figures for the number of budgeting advances created is rounded to the nearest 1,000<\/li><\/ol>

        <\/p>

        <\/p>

        1. Budgeting advances with a value of £348, £464 and £812 have been used for proportion of claimants receiving the maximum available advance, as these values relate to the maximum entitlement dependent on the claimant's circumstances.<\/li><\/ol>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4014", "label" : {"_value" : "Biography information for Sir Alok Sharma"} } , "answeringMemberConstituency" : {"_value" : "Reading West"} , "answeringMemberPrinted" : {"_value" : "Alok Sharma"} , "dateOfAnswer" : {"_value" : "2019-06-28", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2019-06-28T12:26:24.08Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "29"} , "answeringDeptShortName" : {"_value" : "Work and Pensions"} , "answeringDeptSortName" : {"_value" : "Work and Pensions"} , "date" : {"_value" : "2019-06-19", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Universal Credit"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Secretary of State for Work and Pensions, what proportion of universal credit claimants who applied for a budgeting advance (a) received the maximum available advance and (b) chose to repay over the maximum time period allowed.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/298", "label" : {"_value" : "Biography information for Steve McCabe"} } , "tablingMemberConstituency" : {"_value" : "Birmingham, Selly Oak"} , "tablingMemberPrinted" : [{"_value" : "Steve McCabe"} ], "uin" : "266643"} ], "itemsPerPage" : 10, "page" : 0, "startIndex" : 1, "totalResults" : 1, "type" : ["http://purl.org/linked-data/api/vocab#ListEndpoint", "http://purl.org/linked-data/api/vocab#Page"]} }