Revision 05 (07-01-08 through 09-30-08) : FAA4 Financial Eligibility Factors
FAA4 Financial Eligibility Factors
 
FAA4.B03G - Gift Cards
 
Added subject regarding the treatment of gift cards to indicate that the cards are not countable as a liquid asset. (Policy Broadcast 08-16, effective 04/10/08)
 
Revised for clarity. Added link to the glossary term for severance pay
 
Revised for clarity.
 
Removed good faith effort to sell from MA policy.
 
FAA4.D03K.05 - Real Property - For Sale (CA)
Removed subject. Combined CA, FS, and MA MD policy.
 
 
Added subject. Combined CA, FS, and MA MD policy.
 
FAA4.D03K.06 - Real Property - For Sale (FS)
Removed subject. Combined CA, FS, and MA MD policy.
 
Added subject regarding CA six month exclusion to real property.
 
Revised for clarity.
 
Added definition of budgetary units that are not categorically eligible.
 
FAA4.H04Z – Gift Cards
 
Added subject regarding the treatment of gift cards to indicate that the cards are not countable as income
 
Revised to reflect actual UI procedures now in place. The process date has been changed to issue date to reflect the HOSC field title. (Reference changed from FAA4.H04HHH) (Policy Broadcast 08-10a, effective 05/19/08)
 
Removed the WIA description and moved to the glossary. (Reference changed from FAA4.H04RRR)
 
Added requirement to verify school attendance.
 
Added that the child’s income is keyed on EAIC beginning the month following the month the child turns 18.
 
Reformatted for clarity. Added a link to the glossary.
 
FAA4.I03P.08 - Leave Pay
Removed severance pay from the list of leave pay types.
 
Added to verify the dates and amounts of leave pay received after employment is terminated. Added link to Leave Pay - No Longer Employed
 
Warning box reformatted for clarity.
 
Added link to verification process and bullet to list of allowable costs.
 
Moved link to verification process to first paragraph and removed from last paragraph. Revised for clarity.
 
FAA4.L04B.02 – FS Dependent Care
Revised the NOTE to state high school attendance is considered preparation for employment. (Policy Broadcast 08-21, effective 01/01/08)
 
FAA4.L10 – Expenses Exceed Income (EEI) - Overview
Revised for clarity. Added links to EEI at Interview and EEI During the Approval Period.
 
FAA4.L10A – Expenses Exceed Income (EEI) – At Interview
Added policy regarding actions to take when there is an EEI situation at the time of the interview.
 
FAA4.L10B – Expenses Exceed Income (EEI) – During the Approval Period
 
Added subject regarding when EEI exists during the approval period what should be done.