FAA6.N Examples : 26 Earned Income (EAIN/EAIC) Examples : AA Budgeting Less Than 30 Days of Income Example
AA Budgeting Less Than 30 Days of Income Example
 
The participant applies and is interviewed on 01/29. The participant has started a new job and has received and provided the first two paystubs:
 
Date Paid
Hours
Gross Amount
01/15
20
240
01/22
40
480
 
The worker completed a collateral contact to the employer during the interview. The following was documented:
 
The employer stated that the participant is expected to work 40 hours at an hourly rate of $12.00 paid weekly on Friday.
The employer stated that the paystub for 01/15 is low because the participant started working in the middle of a pay period.
The 01/22 paystub for 40 hours at $480 gross is normal and is expected to continue.
The worker practiced prudent person concept and asked about the paystub for 01/29. The employer verified that the paystub for 01/29 has been disbursed for the gross amount of $480, which is normal.
 
All checks received in the application month must be budgeted in the month of application. Key the following on EAIC for the initial month of January:
 
INC TYPE: WA
FREQ: AC
NUMBER OF PERIODS:
PERIOD
DATE PAID
HOURS
HR. RATE
GROSS AMOUNT
01
01/15
20
 
240
02
01/22
40
 
480
03
01/29
40
 
480
 
For February and ongoing months, drop the low check and leave the following keyed on EAIC:
 
INC TYPE: WA
FREQ: WK
NUMBER OF PERIODS:
PERIOD
DATE PAID
HOURS
HR. RATE
GROSS AMOUNT
01
 
 
 
 
02
01/22
40
 
480
03
01/29
40
 
480