Skip To: Main content|Subnavigation|
Minnesota Department of Human Services Combined Manual
Advanced Search

STUDENT FINANCIAL AID INCOME

ISSUE DATE: 12/2014

Student financial aid includes federal and state work study income, educational loans, grants, and scholarships.

Some programs exclude financial aid entirely. Other programs count or exclude certain types of financial aid.

Programs that count financial aid treat aid funded under Title IV differently from other types of aid. To identify Title IV financial aid, see 0017.15.36.06 (Identifying Title IV or Federal Student Aid). Also see 0017.06 (Excluded Income), 0017.15.18 (Workforce Investment Act (WIA) Income).

Some programs prorate student financial aid over the period it is intended to cover. See 0017.15.36.03 (When to Budget Student Financial Aid).

Verification of student financial aid and expenses usually covers the full school year. Do not require additional verification unless there is conflicting information. See 0010.18.30 (Verifying Student Income and Expenses).


MFIP, DWP:

Exclude all student financial aid for undergraduate students.

For graduate students:

Count as earned income graduate student fellowships, internships, stipends, teaching assistant income, or any other financial aid that requires the student to work in order to receive the aid.

After deductions for unmet educational expenses, count as unearned income graduate student scholarships, stipends, or other types of grants that do not require teaching or research or any other similar work.

Exclude all Title IV financial aid and income from Bureau of Indian Affairs (BIA) student assistance programs.

Exclude all student loans.


See 0017.15.36.09 (Student Financial Aid Deductions) for deductions to allow from graduate student financial aid.

For veterans benefits, determine which portion is designated as educational assistance benefits and exclude it as educational benefits. Treat the remaining amount of the benefit as unearned income.


SNAP:

To exclude educational income, a student must be enrolled in 1 of the following:

A recognized institution of post-secondary education.

A school for the disabled.

A vocational education program.

A vocational or technical school.

A program that provides for obtaining a secondary school diploma or the equivalent.


Exclude Tribal Development Student Assistance Revolving Loans made under the Tribal Development Student Assistance Act.

Exclude all Title IV financial aid and income from Bureau of Indian Affairs (BIA) student assistance programs.

For student loans other than Title IV or BIA, verify with the financial institution whether repayment of other student loans is deferred or non-deferred. For this purpose, deferred means the financial institution does not require repayment for 60 days or more from when the loan was issued. Whether or not a student is making payments does not affect whether a loan is a deferred payment loan.

Count student loans if repayment is deferred.

Exclude student loans if repayment is non-deferred.


Exclude all financial aid earmarked for a specific expense.

Deduct total educational expenses from all non-Title IV financial aid. In addition, deduct additional expenses from work study income. See 0017.15.36.09 (Student Financial Aid Deductions). To arrive at a monthly amount to budget, see 0017.15.36.03 (When to Budget Student Financial Aid).


MSA:

Exclude the following financial aid:

Financial aid loans, including loans from the Tribal Development Student Assistance Revolving Loan Program.

Title IV financial aid in the month the client receives it.

Financial aid used to fulfill an approved Plan to Achieve Self-Support (PASS) for disabled or blind people. See 0018.06.06 (Plan to Achieve Self-Support (PASS)).


Count all other financial aid as income in the month received. Deduct allowable expenses. See 0017.15.36.09 (Student Financial Aid Deductions).


GA:

Exclude non-deferred student loans. Consider payments made for room, board, tuition, or fees by the parent of a full-time student in a post-secondary school to be income to the student. Budget parental payments as you do other non-excluded student financial aid.

To arrive at a monthly amount to budget, see 0017.15.36.03 (When to Budget Student Financial Aid).


GRH:

Follow MSA for aged, blind, or disabled clients. Follow GA for all other adults.

Rate/Report this page Report/Rate this page

© 2014 Minnesota Department of Human Services
Minnesota.gov is led by MN.IT Services
Updated: 12/1/14 12:01 AM | Accessibility | Terms/Policy | Contact DHS | Top of Page | Updated: 12/1/14 12:01 AM