If your channel has 4k watch hours and 1k subscribers, you'll be eligible to apply for the YouTube Partner Program. You don't need to wait for 12 months. Here's more info: https://goo.gl/N9FNZe . Hope this clarifies.
@TeamYouTube Would I be able to monetize my channel if my channel reached one thousand subscribers in one month or do I have to wait 12 months?
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