FAA4.G Unearned Income Education (UNIE EDWO) : 07 Budgeting Educational Income and Expenses : A Budgeting Educational Income and Expenses - Overview
Budgeting Educational Income and Expenses - Overview
Do not count educational income until it is actually received or can be reasonably expected.
 
Unearned educational income may be received as either of the following:
 
●A monthly amount
 
NOTE Do not change the number (1) in the PERIOD field when a monthly amount is budgeted.
 
●An amount intended to cover several months
 
NOTE Divide the income by keying the specific number of months in the PERIOD field.
 
(See Prorating Educational Income)