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Title 8: Medicaid Page 104 Iowa Department of Health and Human Services Employees’ Manual Chapter D: Resources Specific Non-MAGI-Related Resources September 13, 2024 Earned Income Credit Earned Income Credit Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (P. L. 111-312) Exclude the earned income credit in the month it was received as well as in the following month. Funds remaining are countable resources after the end of the second month. NOTE: Exclude for 12 months from the date of receipt all EITC payments as part of a federal tax refund between January 1, 2010, and December 31, 2012. Educational Assistance 20 CFR 416.1236(7), 20 CFR 416.1236(14), 20 CFR 416.1250 All student financial assistance received under Higher Education Act (HEA) or under Bureau of Indian Affairs (BIA) student assistance programs is excluded as a resource, regardless of use and regardless of how long the assistance is held. Examples of HEA (Title IV) programs are:  PELL grants  State Student Incentives  Academic Achievement Incentive Scholarships

 Byrd Scholars  Federal Supplemental Educational Opportunities Grants (FSEOG)  Federal education loans (Federal PLUS Loans, Perkins Loans, Stafford Loans, Ford Loans, etc.)

 Upward Bound  Gear Up (Gaining Early Awareness and Readiness for Undergraduate Programs)  LEAP (Leveraging Educational Assistance Partnership)

 SLEAP (Special Leveraging Educational Assistance Partnership)  Work-study programs