Our income and expenses do not change year over year, so the criteria for eligibility changes on a different basis every year.
Our income is dependent on the number of people in our family for one calendar year after we are eligible for financial assistance. Each family includes two people.
If no one else in our family is eligible for financial assistance, then we are expected to make payments to the other family members. For this, we estimate the expected loss of income for the year, based on the following factors:
Our combined income
The income of each sibling
What would happen if we didn’t make those payments?
It’s important to know we can’t change our earnings expectations after we’re eligible for financial assistance. These include our current income, income from any jobs we hold this year, income from our family-support payments, any changes to payments we made for other income in the previous year.
If you’re worried about how we calculated this loss of income, we can give you some insight.
What if I make financial payments?
In addition to our regular income and expenses, we also make payments to our family to help them manage their support needs.
We calculate these payments using the following criteria:
To be eligible for financial assistance, we’ll know the total annual out-of-pocket expense for the year. If we know this is less than the amount of financial assistance we believe we should receive, we’ll also provide these other financial support. If we don’t know any of these figures for this year, we’ll give us a range of numbers, starting with the lowest estimate possible. In this case, we’ll give an estimate of what our financial assistance could be based on the expected loss of income. For example, if our out-of-pocket expense is $12,000 and our estimated loss of income is $20,000, we’ll give us six figures – $6,000-$22,000. If our out-of-pocket expense is $20,000 and our income is $40,000, we’ll give us six figures – $20,000-$34,000. If our out-of-pocket expense is $34,000 and our income is $50,000 we’ll give us six figures — $34,000-$38,000. If our financial assistance is $38,000 and our income is $60,000, we’ll give us six figures — $38,000-$
queensland government small business covid-19 adaption grant program, government grants for home improvement homeowners, federal funding for small business start up, government grants for rent, government grants for small business coronavirus assistance