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Transfer Of Assets - SNAP (Food Stamps)

In the Supplemental Nutrition Assistance Program (SNAP, formerly Food Stamp Program), at the time of application, the applicant household must provide information regarding any resources which any member (or ineligible alien or disqualified person whose assets are being considered available to the group) transferred within the three-month period immediately preceding the date of application.

Eligibility for the program will not be affected by a transfer of assets if:

·        The transfer would not otherwise affect eligibility (for example, excluded personal property such as furniture or money that when added to other non-exempt resources was less than allowable limits at the time of the transfer);

·        Assets sold or traded at, or near, fair market value do not result in disqualification;

·        Assets are transferred between members of the same household (including ineligible aliens or disqualified persons whose assets are being considered available to the household); or

·        Assets are transferred for reasons other than for qualifying or attempting to qualify for food stamp benefits such as a parent placing funds in an inaccessible educational trust fund.

Households which have transferred assets knowingly for the purpose of qualifying or attempting to qualify for SNAP (Food Stamps) are disqualified from participation in the program for up to one year from the date of the discovery of the transfer. This disqualification period will be applied if the assets are transferred knowingly in the three-month period prior to application or if they are transferred knowingly after the household is determined eligible for benefits. An example of the latter would be assets which the household acquires after being certified for benefits which are then transferred to prevent the household from exceeding the maximum asset limit.

The length of the disqualification period is based on the amount by which the transferred assets, when added to other countable assets, exceeds the allowable asset limits.

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Topic Title: Transfer Of Assets - SNAP (Food Stamps)
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