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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