501 GENERAL INFORMATION (AAM)

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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:

• income, and

• resources.

An assistance group which meets the income requirements is income-eligible. An assistance group which meets the resource requirements is resource-eligible. An assistance group which meets both income and resource requirements is considered to be financially eligible. Chapter400 , Resources, explains the resource limits. Chapter600 , Standards and Budgets, explains income limits and budgeting procedures for the various programs and coverage groups.