Grants, Loans, Awards and Scholarships
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This section includes information about income provided by Title IV of the Higher Education Act.
Policy
Payments provided by Title IV of the Higher Education Act are considered Educational Income and are not countable.
Countable income is used to determine an income budget. (See Income Budgeting to see how FAA determines the income budget.) FAA needs to know about income that is both countable and not countable to determine whether a budgetary unit’s expenses are exceeding their income. (See Income Eligibility for more information about how FAA uses countable and not countable income.)
These payments include, and are not limited to, any of the following:
●BEOG/PELL Grant-Basic Education Opportunity Grant
●Super PELL Grant-Presidential Access Scholarship
●SEOG Supplemental Educational Opportunity Grant
●SSIG State Student Incentive Grant
●TRIO Grant-Special Disadvantaged Student Programs
●CAMP College Assistance Migrant Program (Special Migrant and Seasonal Farm Work Programs)
●Robert C. Byrd Honors Scholarship Program
●Work Study Program (Not all federal work study funds are under Title IV of the Higher Education Act)
●Income Contingent Direct Loan Demonstration Project
●NDSL (Perkins Loan) Direct Loan to Students in Institutions of Higher Education.
●FDSLP Federal Direct Student Loan Programs (formerly known as GSL and FFELP)
●HEP High School Equivalency
●National Early Intervention Scholarship and Partnership Program
●Carl D. Perkins Vocational and Applied Technology Education Act
Verification
The participant has the primary responsibility for providing verification. (See Participant Responsibilities – Providing Verification for additional policy.)
For NA, all of the following income is required to be verified before eligibility is determined:
●Reported on a new application, during the interview of a new application, or changes reported before the eligibility determination of a new application.
●Changes after an eligibility determination of a new application (e.g., a renewal application, mid approval contact, etc.) and any of the following apply:
The source of the income has changed.
The income is questionable(g) or unclear(g).
The reported income amount has changed by $51 or more.
The previous verification in the case file is more than 59 calendar days old.
For CA, all income is required to be verified before determining eligibility.
Examples of verification that can be used for Grants, Loans, Awards and Scholarships include, and are not limited to, any of the following:
●Award letter
●Loan paper
●School
●Student expenses
●Bank loan funds
●Participant statement for transportation expenses
●Expense receipts
●School budget sheet or computer printout
●Assistance payments records
●Benefit award letters from SSA, Statement of Earnings VA, and other agencies
●Bank records
●Current check reflecting gross income
●Federal or state tax forms
●Insurance policies
●Contracts
●Signed statement from the agency or payer providing the income
Legal Authorities
AAC R6-12-503(2)(a-h)
A.R.S 46-292-P01
7 CFR 273.9(b)(1)(vi)
7 CFR 273.9(c)(3)(i)
7 CFR 273.9(c)(1)(iv)
7 U.S.C. 2014(d)(3) a-c
7 U.S.C. 2014 (d)(16)
last revised 10/02/2023