B State Assistance Budgeting Income

FAASTA.E State Assistance Authorization (STAA) : 07 State Assistance Budgeting Income - Overview : B State Assistance Budgeting Income - Projecting Income

State Assistance Budgeting Income - Projecting Income

REVISION 01

(07/01/07 - 09/30/07)

Projecting income (earned and unearned) is predicting current and future circumstances based on prior information.

Request and verify income received prior to the interview. Use the gross income received in the appropriate period to project the income.

WARNING

For the benefit month, when all income has been received, use the known gross pay amounts received to determine the total month's income. When a change is expected use the known gross pay amounts and project the ongoing amounts.

Use the following rules to establish the projected income as applicable:

●No changes are expected in income.

●A full month's income has been received.

●There is a zero pay period ($0).

●Income fluctuates each pay period.

●Changes are expected in income.