YouTube has Introduced Funds in the name YouTube Shorts Fund on 3rd August. In this blog you will get complete detailed information about how YouTube Shorts Fund works, eligibility criteria and steps to enable it, How you can earn money using youtube short video so let’s deep dive into it.
What is a Shorts Fund?
The YouTube Shorts Fund is a $100 Million fund introduced by YouTube for the creators making short videos without the need to be a member of the YouTube Partner Program. YouTube will distribute this fund among the eligible creators within the time duration of 2021-2022. Each month using youtube short videos you can earn from $100 to $10,000 with the amount adjusted based on performance metrics such as your channel’s monthly Shorts views and the location of your audience.
Who can Earn Shorts Fund?
Creators who generate authentic content for short videos on youtube are eligible, even if they are not members of the YouTube Partner Program. Every month YouTube will contact thousands of Content Creators based on their previous month’s Shorts performance on their channel. All YouTube Shorts videos will contribute to your Shorts performance in the month in which they are viewed, not just the month in which they were posted. And because eligibility is refreshed monthly, even if you don’t qualify for a particular month, you might qualify for the upcoming month. Before Notifying shorts bonus we review each channel keeping the following requirements in mind.
How to check eligibility & Payment Timeline:
First and foremost, you must claim your Shorts bonus. If you are eligible for a Shorts bonus, YouTube will send you an email and a notification around the 8th–10th of the month inviting you to claim your bonus. This is critical because if you do not claim your bonus by the 25th of the month, it will expire. Also, keep in mind that you must claim your Shorts bonus each month that you are eligible for one. You must complete two steps in order to claim the bonus.
- Accept the terms and Conditions.
- Connect your channel to an active AdSense account.
If you already have an AdSense account linked to your YouTube channel, simply accept the terms and your bonus will be officially claimed. If you don’t already have an AdSense account linked, you’ll be prompted to link an existing account in order to create a new one. This process will be guided by the email or YouTube notification. It may take several days to connect an AdSense account to your channel.
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Steps to claim your Shorts bonus:
If you have received payment from Adsense earlier, then you can expect payment between 21th & 26th of the Particular following Month. Suppose, if you claimed YouTube Shorts Fund bonus in September then you will get payment on 21th or 26th of October.
If you’ve never received AdSense payment before, you’ll need to fill out your payment information. This procedure could take months. However, as long as you haven’t claimed the bonus, the balance will remain in your AdSense account until payment is made. Once your AdSense account is fully configured to receive payments, you will be paid between the 21st and 26th of each month.
For a Quick Recap:
- Assume you qualify for a YouTube Shorts bonus based on your October performance.
- You will be notified in early February and will have until February 25 to claim your bonus.
- Once you accept the claim you have to wait for the Adsense payment.
- If you are all set to receive the payment, you will receive it till 21th or 26th of February.
- Suppose you claimed bonus in February, you will get the payment in March
- If you need to configure payment details in AdSense, you will be paid once these steps are completed.
This process will be repeated every month.
YouTube Shorts Fund is Eligible in Country?
The YouTube Shorts fund will be available in select countries beginning this month, including India, Brazil, Japan, Russia, the United Kingdom, the United States, South Africa, Nigeria, Indonesia, and Mexico. YouTube also mentioned that “YouTube Shorts Fund is the first step towards YouTube Shorts Monetization, they are actively working towards it in order to gain feedback from the community.” Hope in the coming year’s YouTube Shorts also contribute to the watch hours.