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date of application and anticipating method is used for the additional pay date(s). When a household receives income on a recurring monthly or semi- monthly basis, the household should not have its monthly income varied because of changes in mailing cycles or pay dates or because weekends or holidays cause additional checks to be received in a month. Methods include: 1. Anticipating method is used to prospectively budget income when: a. a full month's income is not expected because the individual will not work a full pay period during the month (e.g., new employment, unpaid extended sick leave, or unpaid vacation). b. income is from a terminated source (e.g., lay-off or other job termination). NOTE: If a full month's income is not expected, the income is not factored. 2. Factoring method is used to prospectively budget income when: a. paid weekly or bi-weekly (paid every two weeks); and, b. there is a reliable history of income, and the history of the income is reflective of what is anticipated in the future by household and/or employer. If weekly or bi-weekly pay checks are available for the month of application, the checks must be averaged and factored even if they did not receive a third or fifth check in the month of application. The calculation for the factoring method is: Gross weekly income (actual or averaged) x 4.3 = total prospectively budgeted gross monthly income; or gross bi-weekly income (actual or averaged) x 2.15 = total prospectively budgeted gross monthly income. EXCEPTION: Income is not factored if an individual will not receive a full month's pay (e.g., individual will not be paid for hours normally worked such as unpaid sick leave or unpaid vacation, etc.). Anticipating income budgeting method of counting actual days is used taking days off and paid holidays into consideration. 3. Averaging method is used to prospectively budget income when there is a reliable income history, and the history of the income is reflective of what is anticipated in the future by the household and/or employer. Income is averaged when a significant income change is expected in the future (e.g., promotion, part-time to full-time or vice versa, additional job, transfer, etc.) and a full month's pay is expected. Any source of income that fluctuates from month to month is averaged including wages, irregular child support, interest income paid quarterly, and quarterly bonuses. Patterns of income fluctuations such as overtime and quarterly bonuses are considered when anticipated to continue to be received. Paychecks agreed on as unusually high or low by the eligibility staff member, the household, and/or employer should be disregarded unless the unusually high or low paychecks are anticipated to continue into the prospective period. NOTE: When an individual is paid twice a month, the number of days in a pay period usually varies. Some checks may appear to be higher or lower, but it could depend on the number of days in a pay period. For this reason, caution should be used when disregarding unusually high or low pay checks when someone is paid twice a month. Generally, it is best to average an even number of pay checks. The total gross income or hours worked multiplied by rate of pay are used to average income. The averaging calculation is used when paid: • monthly - add the total gross income or hours worked per month during the representative period and divide by the number of months in the representative period to determine the prospectively budgeted amount of income per month. • semi-monthly - add the total gross income or hours worked for the pay dates during the representative period and divide by the number of pay dates in the representative period to