20 C.F.R. § 641.507

How is applicant income computed?

Last amended: 2016Year: 2026Length: 62 wordsOfficial source

Cite as 20 C.F.R. § 641.507 (2026)

An applicant's income is computed by calculating the includable income received by the applicant during the 12-month period ending on the date an individual submits an application to participate in the SCSEP, or the annualized income for the 6-month period ending on the application date. The Department requires grantees to use whichever method is more favorable to the individual. (OAA § 518(a)(4)).
20 C.F.R. § 641.507: How is applicant income computed? | Justis AI