Food stamps, the old name for the Supplemental Nutrition Assistance Program, are a government program that helps low-income households buy food. Center on Budget and Policy Priorities (CBPP) says that most families that fulfill the program’s income standards are eligible, with the quantity of a family’s benefit determined by its income and certain costs. Income and resources must fulfill three requirements to qualify for federal benefits, according to the CBPP.
A household’s gross monthly income must be at or below 130 percent of the federal poverty level to qualify for the program. To determine SNAP benefits in the fiscal year 2022, the poverty level for a family of three is $1,830 per month, and 130% of this amount is $2,379 per month or around $28,550 per year.
The Federal Poverty Line Must Be Met for a Household’s Net Income to Qualify for Assistance
Assets must be less than a certain amount. Assets of $2,500 or less are required for families without a person 60 or older or with a handicap, while assets of $3,750 or less are required for homes with such a member.
Unearned and earned income are taken into account by the Supplemental Nutrition Assistance Program (SNAP).
Bank accounts, for example, are considered assets since they may be used to buy food for the household. The primary residence, personal belongings, retirement funds, and the majority of a household’s automobiles are all excluded. The CBPP asserts that states have the authority to loosen asset restrictions. The three-month time limit is an extra restriction. CBPP observed that Congress had put a hold on the program until the federal public health emergency subsided.
Unless they are employed or enrolled in a job or training program for at least 20 hours per week, people between the ages of 18 and 50 are restricted to three months of SNAP benefits every three years under this provision. To qualify for an exemption, you must be a member of the home with children, have been declared physically or mentally unable to work by a doctor, or be pregnant.
In addition, even if someone meets the income standards, they may not be eligible for SNAP assistance, according to the CBPP. This includes people who are on strike, those who don’t have a documented immigration status, certain college students who are enrolled more than half-time, and some immigrants who are here legally.
The U.S. Department of Agriculture recommends that you apply for SNAP assistance in the state where you presently reside and fulfill the income and resource requirements. Every year, the SNAP qualifying criteria are revised.