Sec. 3-22p. Investments in trust not considered an asset for certain programs and purposes.
117 words·~1 min read·
/ct/title-3/chapter-32-treasurer/3-22pA research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)Notwithstanding any provision of the general statutes, no moneys invested in the Connecticut Higher Education Trust shall be considered to be an asset for purposes of determining an individual's eligibility for assistance under the temporary family assistance program, as described in section 17b-112 , programs funded under the federal Low Income Home Energy Assistance Program block grant, and the federally appropriated weatherization assistance program, as described in section 16a-41i *.
(b)Notwithstanding any provision of the general statutes, no moneys invested in said trust shall be considered to be an asset for purposes of determining an individual's eligibility for need-based, institutional aid grants offered to an individual at the public eligible educational institutions in the state.