Laserfiche WebLink
<br /> <br />7-III.I. ZERO ANNUAL INCOME STATUS <br /> SAHA Policy <br />SAHA will check UIV sources and/or request information from third-party sources to <br />verify that certain forms of income such as unemployment benefits, TANF SS, SSI, and <br />earnings are not being received by families claiming to have zero annual income. <br />Families claiming to have no income will be required to execute verification forms to <br />determine that certain forms of income such as unemployment benefits, TANF, SSI, etc. <br />are not being received by the household. These families are required to undergo a file <br />review every sixty days. <br /> <br />7-III.J. STUDENT FINANCIAL ASSISTANCE <br />Any financial assistance, in excess of amounts received for tuition, that a person attending an <br />institution of higher education receives under the Higher Education Act of 1965, from private <br />sources, or from an institution of higher education must be considered income unless the student <br />is over the age of 23 with dependent children or is residing with parents who are seeking or <br />receiving HCV assistance \[24 CFR 5.609(b)(9) and FR 4/10/06\]. <br />For students over the age of 23 with dependent children or students residing with parents who are <br />seeking or receiving HCV assistance, the full amount of student financial assistance is excluded <br />from annual income \[24 CFR 5.609(c)(6)\]. The full amount of student financial assistance is also <br />excluded for students attending schools that do not qualify as institutions of higher education (as <br />defined in Exhibit 3-2). Excluded amounts are verified only if, without verification, the PHA <br />would not be able to determine whether or to what extent the income is to be excluded (see <br />Section 7-III.H). <br />SAHA Policy <br /> <br />For a student subject to having a portion of his/her student financial assistance included <br />in annual income in accordance with 24 CFR 5.609(b)(9), the PHA will request written <br />third-party verification of both the source and the amount. Family-provided documents <br />from the educational institution attended by the student will be requested, as well as <br />documents generated by any other person or entity providing such assistance, as reported <br />by the student. <br />In addition, SAHA will request written verification of th <br />If SAHA is unable to obtain third-party written verification of the requested information, <br />SAHA will pursue other forms of verification following the verification hierarchy in <br />Section 7-I.B. <br /> <br /> <br />04/01/14 <br />Page 7-21 <br /> <br />