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Countable educational income is prorated over the month it was intended to cover and budgeted as unearned income to the AG.
3430.05.00 ALLOWABLE EXPENSES FROM EDUCATIONAL INCOME
Allowable expenses for undergraduates and graduate students include tuition, mandatory fees, supplies, books, and transportation. Mandatory fees include the costs of rental or purchase of equipment, materials and supplies related to the pursuit of the course of study involved for all programs. Transportation is allowed at 25 cents per mile if the actual cost cannot be determined.
Miscellaneous personal expenses (other than normal living expenses) are also allowable deductions if they are incidental to attending the school, institution, or program. Such expenses could include such things as subscriptions to educational publications or dues for a professional association. Normal living expenses which are not allowable would include such items as food, rent, board, clothes, laundry, haircuts, and personal hygiene items.
For SNAP, students attending vocational and technical schools and those attending a program in which a high school diploma, or equivalent is received, may also receive expenses from educational income.
In addition to those listed above, for SNAP, allowable expenses also include insurance premiums on loans and personal expenses necessary to the course of study. 3435.00.00 RECURRING LUMP SUM PAYMENT CALCULATIONS (C)
Within the programs designated above, this policy applies only to the following categories: Regular TANF and Two-Parent TANF.
Recurring lump sum income received on the date of application or after by a person whose income is counted in the eligibility determination is counted as income in the month received. 3437.00.00 CONTRACT SALE OF REAL PROPERTY
For SNAP, when property is sold on contract, the monthly land contract payments, less ownership expenses, are counted as income. Payments received on a basis other than monthly are to be prorated to establish a monthly amount.
For CASH, any payment of interest received because of the sales contract (including that portion of any periodic payment) is to be budgeted as unearned income in the month of receipt.
The portion of the periodic payment that represents payment toward the principal is considered a non-exempt resource.