Student Loan Payments Can Now Lower Income for Food Assistance Benefits.
This bill allows households applying for food assistance (SNAP) to deduct their monthly student loan payments from their total income. This change aims to lower the calculated income for eligible families, potentially making more people qualify for benefits or increasing the amount they receive. The deduction applies to both federal and private student loans.
Key points
Allows families to subtract monthly student loan payments (federal and private) when calculating income for food assistance eligibility (SNAP).
Lowering countable income can help households qualify for higher SNAP benefits or become eligible if they weren't before.
The changes will take effect 180 days after the law is enacted.
Status:
Expired
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