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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 2014 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 2014 annual poverty guidelines for families of various sizes are shown in (2).

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

 

 FAMILY SIZE

250% OF ANNUAL POVERTY GUIDELINE

One

$29,175

Two

$37,325

Three

$49,475

Four

$59,625

Five

$69,775

Six

$79,925

Seven

$90,075

Eight

$100,225

Each Additional Person, Add

$10,150

 

(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.

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