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Child Care Scholarship Policy Manual 47
amount of unemployment income indicated on the application and calculate the amount based on the frequency listed by the client. Unemployment income reported will be calculated using the same formulas of income multiplied by 4.33 if received weekly, 2.16 if bi-weekly, 2 if semi-monthly or if a monthly amount is given, the monthly amount will be used.
Workers’ Compensation Compensation received periodically from a private or public insurance company for an injury incurred at work. The cost of this insurance must have been paid by the employer and not the individual. The length of time the individual is expected to be out of work due to injury should be included in the narrative. If the client has an open CHIP case and had not indicated workers compensation income on the application, the amount in CHIP may be used. Otherwise, self-attestation of the workers compensation income is accepted, and child care staff should use the amount of workers compensation income indicated on the application and calculate the amount based on the frequency listed by the client. Workers’ compensation income reported will be calculated using the same formulas of income multiplied by 4.33 if received weekly, 2.16 if bi-weekly, 2 if semi-monthly or if a monthly amount is given, the monthly amount will be used.
Wages or Salary (Includes seasonal work/income) Total money received for work performed as an employee, including: • Wages • Salary • Commissions • Tips • Piece-rate payments • Cash bonuses • Armed forces pay, BASE pay and any Special Duty Pay • Shift differential pay • Holiday pay • Leave pay • Schedule C for self-employment • Military Leave Earning Statement (LES).This is the only acceptable form of verification for a member of the military.