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SNAP CERTIFICATION MANUAL – SECTION 7000 7300 Prospective Eligibility 7410 Resource Chart 7300 Prospective Eligibility SNAP Manual 7/01/98 Sections 7400 - 7525 explain the steps used to determine a household’s eligibility based upon income and resources. 7400 Resource Eligibility SNAP Manual 7/01/98 All resources declared by the household must be considered. During the interview, the household should be questioned to determine if undeclared resources are available to the household. Resources likely to be undeclared include: 1. Bank accounts for children, 2. Bank accounts established by an individual outside the household when a household member’s name appears on the account (see SNAP 4601), 3. Vehicles in the possession of an individual outside the household when the vehicle is registered to a household member - (ownership must be considered as per SNAP 4810), and 4. Certificates of deposit or other accounts set aside by a household member as a “burial fund”. 7410 Resource Chart SNAP Manual 11/01/02 Name of Resource How Handled Policy Reference Boats Handle in the same manner as other vehicles. SNAP 4800 Bonds Count current redemption value. SNAP 4610 Burial Lots Exclude one per household member. Count equity value of excess lots. SNAP 4460 Cash on Hand Count full value. CAUTION: Do not count current or prorated income as a resource. SNAP 4620 Certificates of Deposit (Savings Certificates) Count full value. It may be necessary to determine ownership as per SNAP 4601. SNAP 4660