Prorating New Application Benefits - Overview
CA payments for the month of application are paid beginning with the date of application. AZTECS computes the prorated payment amount as follows:
●Add one (1) to the number of days remaining in the application month from the application date.
●Multiply the resulting figure by the Net Unrounded Need figure.
●Divide the resulting figure by the total number of days in the application month.
●Round the resulting figure down to the next whole dollar.