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SNAP CERTIFICATION MANUAL – SECTION 7000 7500 Step 2 - Gross Income Eligibility 7513 Weekly and Bi Weekly Income Conversion Factors
December 22 - $200; and December 29 - $40. His monthly-earned income is $840. Since he received a paycheck on each scheduled pay date in the month of December, his income will be converted when the budget for December is calculated. To convert, all pay received in December will be added together, the total will be divided by 5 (for five pay dates) and multiplied by the conversion factor of 4.334. $200 + $200 + $200 + $200 + $40 = $840 ¸ 5 = $168 x 4.334 = $728.11 rounded to $728. EXAMPLE 3: Mr. I, who also works for the same employer, was laid off on November 30 and received his last check of $100 on December 1. On December 3 he went to work for another employer. He received his first check for $200 on December 8. On December 15, 22, and 29 he received checks for $200. He did receive a check each Friday in December, but since his income is from two different sources, his income will not be converted when the December budget is calculated. Instead, all checks received in December will be added together. $100 + $200 + $200 + $200 + $200 = $900. His monthly-earned income is $900. NOTE: These examples are intended only to illustrate either a full month’s income or less than a full month’s income. In each situation illustrated in these examples, it would be necessary for the worker to calculate a second budget to anticipate the household’s January income. When a household reports income from more than one source which is subject to conversion, each source of income must be converted separately. For example, if a household reports earned income from two sources, each source of income will be converted separately before the household’s total earned income is calculated. 7513.1 Weekly Income - Conversion Factor - 4.334 SNAP Manual 7/01/98 Weekly income must be converted to a monthly amount using the conversion factor of 4.334 when a full month’s income has been received or is anticipated. (See SNAP 7513.) To convert weekly income which does not vary from week to week, the unrounded weekly amount will be multiplied by 4.334.