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2. Job change Pay verification is provided for the end of employment which is not continuing.

3. Amount of Hours Change Pay stub reflects different amount of hours, such as full time when part time is continuing or vice versa.

A retro-actively paid and received raise or a lump sum are to be included for the month the lump sum was received, however, only the new wage is used to anticipate future earnings.

4080-2 F. CONVERSION FACTORS Conversion factors are used to estimate the anticipated income based on the pay frequency and to project an average monthly income. Conversion factors used are:

1. Monthly income received: the conversion factor is one (1);

2. Twice-Monthly income received, the conversion factor is dependent on how the individual ispaid: a. Salary: the conversion factor is two (2); or b. Hourly: the conversion factor is four point three (4.3); 3. Bi-weekly income received: the conversion factor is two point one five (2.15); and

4. Weekly income received: the conversion factor is four point three (4.3).

4080-2 G. CALCULATING EARNEDINCOME Earned income, excluding self-employment, is from paid employment and is calculated by estimating the amount of income anticipated to be received by the income frequency and applying an appropriate conversion factor.

Employment pay stubs received in the two (2) most current months, prior to the month of application submission, the month of application submission and the month prior, or the month of application submission if only partial or no earned income was received in the