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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 2006 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 2006 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

$24,500

Two

33,000

Three

41,500

Four

50,000

Five

58,500

Six

67,000

Seven

75,000

Eight

84,000

Each Additional Person, Add

  8,500

 

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

History: 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.

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