613 ROUNDING PROCEDURES SR 94-04, 04/94 (FAM-A)

Once the assistance group has been found eligible, and the net income has been subtracted from the payment standard, if the amount:

• of the grant ends in $.01–$.99, round down to the nearest dollar;

• ends in zero cents, the result is the actual monthly grant.

1.  If the actual monthly grant amount before adjustments are applied is less than $10.00, no payment is made.

2.  If the actual monthly grant amount is equal to $10 or more but the check amount after adjustments is less than $2.00 ($1.00 per check) issued each month, enter a smaller adjustment amount to ensure the individual receives $1.00.

Example

An applicant’s net monthly income is $300.75, compared with a $516 payment standard.

$516 (payment standard) – $300.75 (net income) = $215.25 monthly grant before rounding.

Round the monthly grant down to $215.