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Income received from ANSCA distributions in excess of $2,000.00 in a calendar year per shareholder is counted as unearned income. A calendar year begins January 1 and ends December 31.

4080-3 B. EVALUATING UNEARNEDINCOME When a family submits verification of their unearned income it must be evaluated in its entirety and information clarified if the family is reporting differences in the payment amount or frequency. Payment history is used to determine a regular or average amount to use in anticipating monthly income.

When an income amount on the verification provided does not represent the income expected to be received in the certification period, the income amount, or payment may be excluded from the calculation, except for child support payments. For child support payments, see section 4080-3 A. Acceptable Verification of Child Support Payments Received. The reason for using a different amount or excluding the income amount or payment must be clearly documented in an ICCIS case note.

4080-3 C. CALCULATING UNEARNED INCOME Unearned income is calculated by using the amount of the payment anticipated to be received by the source and frequency. A conversion factor is not applied to unearned income with the exception of UIB.

Unearned income received for educational purposes, child support, and federal benefits have additional considerations. See sections 4080-3 Unearned Income.

1. Projecting Monthly Unearned Income The Projecting Monthly Income Method is used when unearned income is expected to be received monthly on a regular frequency and amount, even if fluctuating, can be reasonably estimated.

When estimating the family’s unearned income it may be necessary to calculate the income for the month of application and recalculate for the month following for the remainder of the certification period.