ADMINISTRATIVE PLAN - San Antonio Housing Authority

Student Financial Assistance Included in Annual Income [24 CFR 5.609(b)(9) andFR 4/10/06]The regulation requiring the inclusion of certain student financial assistance applies only tostudents who satisfy all of the following conditions:They are enrolled in an institution of higher education, as defined under the HigherEducation Act (HEA) of 1965.They are seeking or receiving Section 8 assistance on their own—that is, apart from theirparents—through the HCV program, the project-based certificate program, the project-basedvoucher program, or the moderate rehabilitation program. They are under 24 years of age OR they have no dependent children.For students who satisfy these three conditions, any financial assistance in excess of tuitionreceived: (1) under the 1965 HEA, (2) from a private source, or (3) from an institution of highereducation, as defined under the 1965 HEA, must be included in annual income.To determine annual income in accordance with the above requirements, the PHA will use thedefinitions of dependent child, institution of higher education, and parents in Section 3-II.E,along with the following definitions [FR 4/10/06, pp. 18148-18150]: Assistance under the Higher Education Act of 1965 includes Pell Grants, Federal SupplementEducational Opportunity Grants, Academic Achievement Incentive Scholarships, and StateAssistance under the Leveraging Educational Assistance Partnership Program, the Robert G.Byrd Honors Scholarship Program, and Federal Work Study programs. Assistance from private sources means assistance from nongovernmental sources, includingparents, guardians, and other persons not residing with the student in an HCV assisted unit. Tuition will have the meaning given this term by the institution of higher education in whichthe student is enrolled.Student Financial Assistance Excluded from Annual Income [24 CFR 5.609(c)(6)]Any student financial assistance not subject to inclusion under 24 CFR 5.609(b)(9) is fullyexcluded from annual income under 24 CFR 5.609(c)(6), whether it is paid directly to the studentor to the educational institution the student is attending. This includes any financial assistancereceived by: Students residing with parents who are seeking or receiving Section 8 assistance Students who are enrolled in an educational institution that does not meet the 1965 HEAdefinition of institution of higher education Students who are over 23 AND have at least one dependent child, as defined inSection 3-II.E Students who are receiving financial assistance through a governmental program notauthorized under the 1965 HEA.© Copyright 2008 Nan McKay & Associates, Inc. Page 6-25Revised/Approved 04/08/10 (Eff: 07/01/10)Unlimited copies may be made for internal use.