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SAHA Policy <br />If the student does not live with their parents and is the head of household, cohead, or <br />spouse, and is 23 or younger or does not have dependent children, then Title IV HEA <br />assistance will be considered when determining the student’s total financial assistance to <br />be included in annual income. SAHA will use Notice PIH 2015-21 as a guide to <br />determine the total amount of the student’s tuition plus required fees and charges. SAHA <br />will subtract the total tuition plus required fees and charges from the total student <br />financial assistance. If the result is zero or exceeds the amount of total financial <br />assistance from all sources, then no student financial assistance will be included in annual <br />income. Any amount of student financial assistance that exceeds the total tuition plus <br />required fees and charges will be included in annual income. <br />Example 1 <br /> Tuition and required fees and charges: $20,000 <br /> Title IV HEA assistance: $10,000 <br /> Other student financial assistance: $15,000 <br /> Total student financial assistance: $10,000 + $15,000 = $25,000 <br /> Included income: $25,000 in financial assistance - $20,000 tuition <br />and required fees = $5,000 <br />If a student is head, spouse, or cohead, and is over 23 with dependent children or lives <br />with their parents, the following applies: <br />If a student only receives financial assistance under Title IV of the HEA and does not <br />receive any other student financial assistance, SAHA will exclude the full amount of the <br />assistance received under Title IV from the family’s annual income. SAHA will not <br />calculate actual covered costs in this case. <br />EXHIBIT 1