Gross family income means total cash receipts, as defined in (a) of this subsection, before taxes, from all sources, for subscriber and dependents whether or not they are enrolled in BHP, with the exceptions noted in (b) of this subsection. An average of documented income received over a period of several months will be used for purposes of eligi- bility determination, unless documentation submitted con- firms a change in circumstances so that an average would not be an accurate reflection of current income. A twelve-month average will be used when calculating gambling income, lump-sum payments, and income from capital gains. A twelve-month history of receipts and expenses will be required for calculating self-employment or rental income unless the applicant or enrollee has not owned the business for at least twelve months.
Gross family income means the total income of all family members in a household.
Gross family income means the aggregate sum of:
Examples of Gross family income in a sentence
Gross family income should be representative of the family’s average earnings.
Gross family income includes all income from all persons over 18 years of age.
Gross family income, number of family members, number of children enrolled at Bayshore, and other extenuating circumstances are factored into financial aid decisions.
Gross family income cannot be higher than 200 percent FPL (for a family of four, 200 percent FPL is $44,100).
Gross family income is used to determine eligibility, and may not exceed 250 percent of federal poverty guidelines for qualifying parents.
More Definitions of Gross family income
Gross family income means the amount, before any payroll deductions, of wages and salaries, overtime pay, commissions, fees, tips, bonuses, and other compensation for personal services of all adult family members of the household, as well as interest, dividends, and other net income of any kind from real or personal property, including:
Gross family income means the sum of income available to a family at the time of application. Gross Family Income shall be based on all income or compensation earned or received in the last four (4) consecutive weeks. Income shall not include: Supplemental Security Income (SSI), income from trusts fully funded by SSI payments, Temporary Assistance to Needy Families (TANF), or any other governmental assistance. Generally, Gross Family Income shall include, but not be limited to, the following:
Gross family income or "gross income" means the combined annualized gross income of all persons residing or intending to reside in a dwelling unit, from whatever source derived and before taxes or withholdings. For the purpose of this definition, annualized gross income means gross monthly income multiplied by 12. Gross monthly income is the sum of monthly gross pay plus any additional income from overtime, part‑time employment, bonuses, dividends, interest, royalties, pensions, Veterans Administration compensation, net rental income plus other income (such as alimony, child support, public assistance, sick pay, social security benefits, unemployment compensation, income received from trusts, and income received from business activities or investments).
Gross family income means the sum of income available to a family at the time of application. Gross family income is based on all income to be earned or received or anticipated to be earned or received in a current month. Gross family income does not include Supplemental Security Income (SSI) or any income received by the SSI eligible individual(s) and any income received by the minor sibling(s) of the eligible individual(s). Gross family income includes the following:
Gross family income means the sum of income available to a family at the time of application. Gross family income shall be based on all income to be earned or received or anticipated to be earned or received in the current month. Providers are permitted to request income for up to 12 months prior to the date of application if the income received in the current month is not representative of the family’s gross income due to seasonal employment and if it is to the client’s benefit to do so. Income shall include the following:
Gross family income means the combined total for all family members of the amounts listed as “Total Income” Line 22 of Form 1040 minus “Farm Income or Loss” Line 18 of Form 1040, of prior year’s Federal Income Tax Return plus “Gross Income from Farming” (Item D above).
Gross family income means all income, from whatever source derived including, but not limited to: