Universal Credit is a financial aid program in the UK. It’s like a monthly paycheck from the government for people who need financial help. You must be 18 or older and live in the UK to get it. It doesn’t matter if you have a job or not. How much money you get depends on how many kids you have and how much you make from your job.
Contents
- Universal Credit £1,739 Extra Payment
- The UK government plans to give an extra £1,739 to people who get Universal Credit. The cost of things we need every day, like food and electricity, has gone up a lot, making it hard for people to manage their money. So, the government is giving this extra money to help out. This is part of a bigger plan by the government to help people with the rising cost of living. Read this too: £5000 PIP Vouchers Coming
- Eligibility Criteria
- Payment Dates
- What This Means for You
Universal Credit £1,739 Extra Payment
The UK government plans to give an extra £1,739 to people who get Universal Credit. The cost of things we need every day, like food and electricity, has gone up a lot, making it hard for people to manage their money. So, the government is giving this extra money to help out. This is part of a bigger plan by the government to help people with the rising cost of living.
Read this too: £5000 PIP Vouchers Coming
Eligibility Criteria
You can get the extra £1,739 if you already get Universal Credit. You don’t need to do anything extra to get this money. It will be added to your Universal Credit payment.
Here’s what you need to know:
- You need to be 18 or older.
- You must live in the UK, and there are some extra rules if you’re not a British citizen.
- You need to be younger than the State Pension Age.
- How much Universal Credit you get depends on how much money you make from jobs, pensions, and savings. If your total household income is below a certain amount, you can get Universal Credit.
- You can get Universal Credit whether you have a job, work part-time, work for yourself, or don’t have a job.
Payment Dates
The government has not yet specified the exact dates for the disbursement of the additional £1,739 Universal Credit payment. However, they have provided a tentative timeframe. The payment is expected within three months, from July to September 2024.
This means that eligible Universal Credit recipients can anticipate receiving this extra financial support sometime during this period. The specific date within these three months has not been announced. This could be due to various administrative factors and processes that must be coordinated for such a large-scale disbursement.
What This Means for You
The extra £1,739 is good news for people who struggle to manage their money because of the rising cost of living. You’ll get this extra money automatically if you’re already getting Universal Credit. But remember, this is a one-time thing. So, looking for other ways to get financial help is a good idea.
This extra money will help you pay higher bills and food costs. It can give you breathing space and help you manage your money better. It can also help stop low-income people from getting into more financial trouble.
Remember, the rising cost of living is a big problem for low-income people. You can check the Department for Work and Pensions’ official website to learn more about the extra Universal Credit payment.
Click the link to know more.
Gaurav, an exam specialist with a passion for education, writes comprehensive articles on exam results and admit cards. His expertise ensures students receive reliable information and useful tips to excel in their exams.