37.36.604    FINANCIAL ELIGIBILITY CRITERIA

(1) Individuals whose annual family income during the 12 months immediately preceding the month of application is less than 250% of the 2020 poverty guidelines published by the U.S. Department of Health and Human Services (HHS) are eligible for a loan of specialized telecommunications equipment based on income. 250% of the HHS 2020 annual poverty guidelines for families of various sizes is shown in (2).

(2) 250% of the annual poverty guidelines is as follows:

 

 

FAMILY SIZE

250% OF ANNUAL POVERTY

              GUIDELINE 

One

$31,900

Two

$43,100

Three

$54,300

Four

$65,500

Five

$76,700

Six

$87,900

Seven

$99,100

Eight

$110,300

Each Additional Person, Add

$11,200

 

(3) There is no asset test to be eligible for a loan of specialized telecommunications equipment. 

 

History: 53-19-305, 53-19-307, MCA; IMP, 53-19-305, 53-19-307, MCA; NEW, 2004 MAR p. 1398, Eff. 6/18/04; AMD, 2006 MAR p. 1052, Eff. 4/21/06; AMD, 2009 MAR p. 1672, Eff. 9/25/09; AMD, 2013 MAR p. 788, Eff. 5/10/13; AMD, 2014 MAR p. 1400, Eff. 7/1/14; AMD, 2015 MAR p. 2146, Eff. 12/11/15; AMD, 2016 MAR p. 1710, Eff. 9/24/16; AMD, 2017 MAR p. 2082, Eff. 11/10/17; AMD, 2018 MAR p. 1611, Eff. 8/11/18; AMD, 2019 MAR p. 853, Eff. 6/22/19; AMD, 2021 MAR p. 70, Eff. 1/16/21.