FAASTA.E State Assistance Authorization (STAA) : 05 State Assistance Types of Unearned Income - Overview : M State Assistance Types of Unearned Income - Lease or Royalty From Indian Land
M State Assistance Types of Unearned Income - Lease or Royalty From Indian Land
Income from the lease or royalty from Indian land is considered unearned income, and is COUNTABLE.
 
Payment of lease or royalty income varies. Count the income as follows:
 
When received and made available for pick up in the BIA office
Monthly, when it is available monthly
When it becomes available, when it is received less frequently than monthly
 
Key the gross converted income in the UNEARNED OTHER INCOME field on STAA. (See Budgeting Income)