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 2016 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 2016 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 | $29,700 | Two | $40,050 | Three | $50,400 | Four | $60,750 | Five | $71,100 | Six | $81,450 | Seven | $91,825 | Eight | $102,225 | Each Additional Person, Add | $4,160 |
(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.
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