Includability of Student Loans

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Includability of Student Loans

Postby charteroakadmin » Tue Mar 29, 2011 8:15 am

Q: The TEGL on eligibility says that student assistance is includable income. Does that mean all assistance including subsidized student loans?

A: No. Educational assistance refers to scholarships and grants, as well as cash assistance provided directly to the applicant by friends or relatives outside the applicant's household. Attachment I, Section N. Page 3 of TEGL 12-06 specifically says that all loans ("money borrowed") are excluded.

Note that there is an exception for veterans: All educational assistance is excluded. See Topic 19 of the Participant Form Guide in the Data Collection Handbook.
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