401 GENERAL INFORMATION (FSM)

SR 94-04 Dated 04/94

Previous Policy

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In addition to categorical and general requirements, an assistance group must meet financial eligibility requirements in order to receive assistance. Financial requirements are broken into two components:

• resources, and

• income. See Chapter500 , Income.

An assistance group which meets the income requirements is income-eligible. An assistance group which meets the resource requirements is resource-eligible. Consider the assistance group financially eligible if both income and resource requirements are met. Chapter600 , Standards and Budgets, explains income limits and budgeting procedures for the various programs and coverage groups.