§641.507. How is applicant income computed?
20 C.F.R. § 641.507
An applicant's income is computed by calculating the includable income received by the applicant during the 12-month period ending on the date an individual submits an application to participate in the SCSEP, or the annualized income for the 6-month period ending on the application date. The Department requires grantees to use whichever method is more favorable to the individual. (OAA § 518(a)(4)).
Notes, amendments, and revision history
Authority
Authority: 42 U.S.C. 3056-3056p.
Source
Source: 75 FR 53812, Sept. 1, 2010, unless otherwise noted.