Revision 07 (01-01-09 through 03-31-09) : FAA4 Financial Eligibility Factors
FAA4 Financial Eligibility Factors
 
Expanded the list of NOT COUNTABLE retirement accounts to include 457B, sections 403(a), 408, 408A and 501(c)(18). (Policy Broadcast 08‑43, effective 10‑01‑08)
 
Added the 530 Educational Savings Accounts. (Policy Broadcast 08‑43, effective 10‑01‑08)
 
FAA4.H04TTT – Educational Savings Account Payments
Added the 530 Educational Savings Accounts. (Policy Broadcast 08‑43, effective 10‑01‑08)
 
FAA4.I03A – Contract Income
Removed information that a contract must specify and revised for clarity. (Policy Broadcast 08‑48, effective 10‑08‑08)
 
FAA4.I05E – Contract Income Verification
Added the use of participant’s statement when not questionable and revised for clarity. (Policy Broadcast 08‑48, effective 10‑08‑08)
 
FAA4.I06F.01 – Budgeting Contract Income – Received as Annual Income
Replaced received as monthly or less frequently with received as annual income. (Policy Broadcast 08‑48, effective 10‑08‑08)
 
FAA4.I06F.02 – Budgeting Contract Income – Received for Specified Period of Time
Replaced received more frequently than monthly with received for specified period of time. (Policy Broadcast 08‑48, effective 10‑08‑08)
 
FAA4.I06F.03 – Budgeting Contract Income - Received Hourly or by Piecework
Added a WARNING regarding contract income that is received as annual Income must be annualized whether it indicates an hourly rate. (Policy Broadcast 08‑48, effective 10‑08‑08)
 
FAA4.J05L – Odd Jobs Income
Clarified budgeting procedures for Odd Jobs Income. (Policy Broadcast 08‑22, effective 06‑11‑08)
 
FAA4.L04B – Dependent Care Expense
Removed EXCEPTION box as policy is detailed in NA dependent care section. (Policy Broadcast 08‑35, effective 10‑01‑08 and Policy Broadcast 08‑56, effective 12‑01‑08)
 
FAA4.L04B.01 – CA Dependent Care
Clarified and reformatted the requirements for allowable Cash Assistance dependent care deductions. (Policy Broadcast 08‑35, effective 10‑01‑08)
 
FAA4.L04B.02 – NA Dependent Care
Revised for clarity. (Policy Broadcast 08‑35, effective 10‑01‑08 and Policy Broadcast 08‑56, effective 12‑01‑08)
 
FAA4.L04B.03 – NA Dependent Care Transportation Expenses
 
Added new subject. Clarified policy to indicate that dependent care related transportation expenses are allowable for the NA program. (Policy Broadcast 08‑56, effective 12‑01‑08)
 
FAA4.L04B.04 – MA Dependent Care
Revised for clarity. (Reference changed from FAA4.L04B.03) (Policy Broadcast 08‑35, effective 10‑01‑08)
 
FAA4.L04B.05 – Dependent Care Deductions
Revised policy to indicate there is no longer a maximum dependent care deduction for Nutrition Assistance. (Policy Broadcast 08‑35, effective 10‑01‑08)