501 GENERAL INFORMATION (MAM) |
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:
. 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. Chapter 400, Resources, explains the resource limits. Chapter 600, Standards and Budgets, explains income limits and budgeting procedures for the various programs and coverage groups.