11

State Financing: GeneralState Financing: GeneralA state financing activity is approved as part of your State Plan for A state financing activity is approved as part of your State Plan for AT.AT.

Examples include: Examples include:

financial loan programs financial loan programs

““last resort” activities with non-AT Act dollars last resort” activities with non-AT Act dollars

specialized case managementspecialized case management

cooperative buying cooperative buying

telecommunications distribution with non-AT Act dollars telecommunications distribution with non-AT Act dollars

activities that finance home modifications with non-AT activities that finance home modifications with non-AT Act dollars Act dollars

22

State Financing: State Financing: GeneralGeneral

1. Did your statewide AT program conduct any state financing 1. Did your statewide AT program conduct any state financing activities* during the reporting period? activities* during the reporting period?

Drop-down box: Drop-down box:

(1) yes; (1) yes;

(2) no, statewide AT program exercised state (2) no, statewide AT program exercised state flexibility; flexibility;

(3) no, statewide AT program claimed comparability;(3) no, statewide AT program claimed comparability;

(4) no, statewide AT program is developing an (4) no, statewide AT program is developing an activity not yet implemented (include feasibility activity not yet implemented (include feasibility studies here) studies here)

(Respondents who choose “1” will receive balance of section. (Respondents who choose “1” will receive balance of section. Those who choose 2-4 will have the option to view only.)Those who choose 2-4 will have the option to view only.)

33

State Financing: Financial State Financing: Financial Loan ProgramsLoan Programs

Did the statewide AT program conduct a Did the statewide AT program conduct a financial loan program during the reporting financial loan program during the reporting period? period?

Drop-down box: (1) yes; (2) noDrop-down box: (1) yes; (2) no

• A financial loan program is a program that A financial loan program is a program that provides loans for purchase of AT devices and provides loans for purchase of AT devices and services.services.

• Do not report Access to Telework funds here! Do not report Access to Telework funds here!

44

State Financing: Financial State Financing: Financial Loan ProgramsLoan Programs

Two kinds of loan programs are Two kinds of loan programs are considered:considered:

Revolving loans made directly by the Revolving loans made directly by the Statewide AT ProgramStatewide AT Program

Partnership loans using dollars from Partnership loans using dollars from another source another source This does not include loans in which you This does not include loans in which you

had no financial or administrative role.had no financial or administrative role.

55

State Financing: Financial State Financing: Financial Loan Programs, Loan Loan Programs, Loan

ApplicationsApplicationsThis is not applications simply This is not applications simply accepted.accepted. This is This is applications applications actually reviewedactually reviewed to the extent that a to the extent that a decision was made about them.decision was made about them.

Report an application in the reporting period in which a Report an application in the reporting period in which a decision was made, not the reporting period in which it decision was made, not the reporting period in which it was received.was received.

Decisions on applications fall into three categories:Decisions on applications fall into three categories:

Approved – loan madeApproved – loan made

Approved – loan not made (you approved the loan,Approved – loan not made (you approved the loan, but the consumer declined for some reason) but the consumer declined for some reason)

RejectedRejected

66

State Financing: Number and State Financing: Number and Geographic Distribution of LoansGeographic Distribution of Loans

Number of Applications

Area of Residence

Total Metro

RUCC 1-3Urban

RUCC 4-7Rural

RUCC 8-9

A. Approved—loan made System- generated

B. Approved—loan not made* (i.e., the application was withdrawn after the loan was approved, or the loan was approved but not accepted by the consumer)

System- generated

C. Rejected System- generated

D. Total System- generated

System- generated

System- generated

System- generated

77

State Financing: Financial State Financing: Financial Loan Programs, Applicant Loan Programs, Applicant

IncomeIncome• This applies only to those to whom a loan was made.This applies only to those to whom a loan was made.

• The income is the gross annual income reported The income is the gross annual income reported on the loan applications (i.e., the amount upon on the loan applications (i.e., the amount upon which the decision about the loan was based).which the decision about the loan was based).

a. a. Enter the lowest and highest income reportedEnter the lowest and highest income reported among all applicants to whom loans were made among all applicants to whom loans were made during the reporting period: during the reporting period:

Lowest:Lowest: $______________$______________

Highest:Highest: $______________$______________

88

State Financing: Income State Financing: Income of Applicantsof Applicants

A

Sum of Incomes

B

Number of Applicants to Whom Loans Were made

C

Average Gross Annual Income

$ System- generated System- generated

99

State Financing: Range State Financing: Range of Incomeof Income

Number and Percentage of Loans Made to Applicants with Incomes of

Total $15,000 or

Less

$15,0001 to

$20,000

$20,001 to

$25,000

$25,001 to

$30,000

$30,001 to

$35,000

$35,001 or

More

Number of Loans

System- generated

Percentage of Loans

System- generated

System- generated

System- generated

System- generated

System- generated

System- generated

System- generated

1010

State Financing: Financial State Financing: Financial Loan Programs, Loan Programs, Types and Types and

Dollar Amounts of AT Dollar Amounts of AT FinancedFinanced

• A loan may pay for more than 1 device, so A loan may pay for more than 1 device, so the number of devices and services may not be the number of devices and services may not be equal. equal.

• Group large building access projects (e.g., a Group large building access projects (e.g., a bathroom modification or exterior ramping of a bathroom modification or exterior ramping of a house would each be one home modification). house would each be one home modification).

• Include services funded in the AT category Include services funded in the AT category associated with the service (e.g., an associated with the service (e.g., an audiological evaluation would go in the audiological evaluation would go in the “hearing” category).“hearing” category).

1111

State Financing: Type State Financing: Type of Loanof Loan

Type of Loan Number of Loans

Percentage of Loans

Revolving Loan System- generated

Loan guarantee* (no special interest rate) System- generated

Low interest (prime or less)*

Without interest buy-down* only System- generated

With interest buy-down* only System- generated

With loan guarantee* only System- generated

With both interest buy-down* and loan guarantee* System- generated

Preferred interest (greater than prime*)

Without interest buy-down* only System- generated

With interest buy-down* only System- generated

With loan guarantee* only System- generated

With both interest buy-down* and loan guarantee* System- generated

Other (specify) System- generated

Total System- generated System- generated

1212

State Financing: Dollar State Financing: Dollar Value of LoansValue of Loans

Type of Loan Number of Loans Dollar Value of Loans

Revolving loans* System- generated $

Partnership loans* System- generated $

Total System- generated System- generated

1313

State Financing: Financial State Financing: Financial Loan Programs, Interest Loan Programs, Interest

RatesRates1. Interest Rates 1. Interest Rates

a. a. Enter the lowest and highest interest rates Enter the lowest and highest interest rates among all loans made, including both revolving and among all loans made, including both revolving and partnership loans. For interest buy-downs, report the partnership loans. For interest buy-downs, report the interest rate to which you bought the loan down: interest rate to which you bought the loan down:

Lowest:Lowest: ______________%______________%

Highest:Highest: ______________%______________%

1414

State Financing: State Financing: Average Interest RateAverage Interest Rate

ASum of Interest Rates

BNumber of Loans Made

CAverage Interest Rate

System- generated System- generated

1515

State Financing: Range State Financing: Range of Interest Ratesof Interest Rates

Number of Loans Made at Interest Rates ofTotal

Number of Loans0-2.0% 2.1-4.0% 4.1-6.0% 6.1-8.0% 8.1-10% 10.1-12% 12.0-14% 14+%

System- generated

1616

State Financing: Types State Financing: Types of Devices Financedof Devices Financed

Type of AT Device/Service Number Financed

Dollar Value of Loans

Speech communication

Vision

Hearing

Computers and related

Daily living

Learning, cognition, and developmental

Environmental adaptations

Mobility, seating and positioning

Vehicle modification and transportation

Recreation, sports, and leisure

Other (specify)

Total System- generated System- generated

1717

State Financing: Financial State Financing: Financial Loan Programs, DefaultLoan Programs, Default

a.a. In this section, use the definition(s) of In this section, use the definition(s) of default established for your financial loan default established for your financial loan program. program.

Please indicate how your program Please indicate how your program determines when a loan is in default: determines when a loan is in default: (Narrative field)(Narrative field)

1818

State Financing: State Financing: Percentage of Defaulted Percentage of Defaulted

LoansLoans

Number of Loans in Default

Number of Outstanding Loans

Percentage of Loans in Default

System- generated

1919

State Financing: Net State Financing: Net Dollar LossDollar Loss

Net Dollar Loss on Loans

Total Dollar Value of Outstanding Loans Default Rate*

System- generated

2020

State Financing: Other State Financing: Other State Financing ActivitiesState Financing Activities

Activities that provide consumers with resources and Activities that provide consumers with resources and services that result in the acquisition of AT devices and services that result in the acquisition of AT devices and servicesservices..

These activities provide new funding or devices These activities provide new funding or devices (directly or indirectly), not cost savings.(directly or indirectly), not cost savings.

“ “last resort” activities with non-AT Act dollarslast resort” activities with non-AT Act dollars

specialized case managementspecialized case management

telecommunications distribution telecommunications distribution

activities that finance home modifications with activities that finance home modifications with non-AT Act dollarsnon-AT Act dollars

TeleworkTelework

2121

State Financing: Other State Financing: Other State Financing ActivitiesState Financing Activities

1. General Information1. General Information

a. Did the statewide AT program conducta. Did the statewide AT program conduct another state financing activity? another state financing activity?

Drop-down box: (1) yes; (2) noDrop-down box: (1) yes; (2) no

(Respondents who choose “1” will receive balance of section.) (Respondents who choose “1” will receive balance of section.)

(If “Yes” to Item 1) Complete this section for that activity. If you (If “Yes” to Item 1) Complete this section for that activity. If you have more than one activity to report, you will need to complete have more than one activity to report, you will need to complete this section more than once. After you have completed your first this section more than once. After you have completed your first entry, you will be given an opportunity to repeat this section in entry, you will be given an opportunity to repeat this section in order to report additional activities. order to report additional activities.

b. Which of the following describes this state financing b. Which of the following describes this state financing activity?activity?

Drop-down box: (1) Access to Telework Funds; (2) “last Drop-down box: (1) Access to Telework Funds; (2) “last resort”activity; (3) specialized case management; (4) financing for resort”activity; (3) specialized case management; (4) financing for home modifications; (5) telecommunications distribution; (6) other home modifications; (5) telecommunications distribution; (6) other (specify) (specify)

2222

““Other” State Other” State Financing: Geographic Financing: Geographic DistributionDistribution

County of Residence Number of Individuals

Metro (RCCU 1-3)

Metro (RCCU 4-7)

Metro (RCCU 8-9)

Total System- generated

2323

State Financing: Other State Financing: Other State Financing ActivitiesState Financing Activities

Types and Dollar and Dollar Amounts - same as Types and Dollar and Dollar Amounts - same as financial loans, except:financial loans, except:

• “ “number funded” vs. “number financed”number funded” vs. “number financed”

• “ “value of AT provided” vs. “dollar value of loan”value of AT provided” vs. “dollar value of loan”

Value of AT Provided:Value of AT Provided:

• This is not how much funding you secured – it is This is not how much funding you secured – it is value of device obtained. value of device obtained.

• Use the MSRP. If you can’t find the exact price for a Use the MSRP. If you can’t find the exact price for a particular item, use the value of a comparable device. particular item, use the value of a comparable device.

2424

““Other” State Financing: Other” State Financing: Types of Devices FundedTypes of Devices Funded

Type of AT Device/Service Number Funded

Value of AT Provided

Speech communication $

Vision $

Hearing $

Computers and related $

Daily living $

Learning, cognition, and developmental $

Environmental adaptations $

Mobility, seating and positioning $

Vehicle modification and transportation $

Recreation, sports, and leisure $

Other (specify) $

Total System- generated $ System- generated

2525

State Financing: Other State Financing: Other State Financing ActivitiesState Financing Activities

4. Additional Activities4. Additional Activities

Do you have additional activities to report in this Do you have additional activities to report in this section? If so, select “yes” and the system will repeat section? If so, select “yes” and the system will repeat this section. If you select “no,” it will take you to the this section. If you select “no,” it will take you to the next section of the reporting form. next section of the reporting form.

Drop-down box: (1) yes; (2) noDrop-down box: (1) yes; (2) no

(Respondents who choose “1” will repeat this section.)(Respondents who choose “1” will repeat this section.)

2626

State Financing Activities State Financing Activities That Allow Consumers to That Allow Consumers to

Obtain Obtain AT at Reduced CostAT at Reduced Cost

Examples:Examples:

Cooperative buyingCooperative buying

Others?Others?

General Information – General Information – same as same as “Other State Financing “Other State Financing Activities”Activities”Geographic Distribution – Geographic Distribution – same as same as “Other State Financing Activities”“Other State Financing Activities”

2727

State Financing Activities State Financing Activities That Allow Consumers to That Allow Consumers to

Obtain Obtain AT at Reduced CostAT at Reduced Cost

• Savings to Consumers, by Type of AT Savings to Consumers, by Type of AT Device/Service – same as “Other State Device/Service – same as “Other State Financing Activities” except:Financing Activities” except:

• You must know the estimated purchase You must know the estimated purchase price (price before savings) and the price (price before savings) and the “actual” price (price at which it sold) to “actual” price (price at which it sold) to calculate cost savings.calculate cost savings.

• Use the MSRP to determine the current Use the MSRP to determine the current purchase price of the device. If you can’t purchase price of the device. If you can’t find the exact price, use the value of a find the exact price, use the value of a comparable device.comparable device.

2828

State Financing Activities That Allow State Financing Activities That Allow Consumers to Obtain Consumers to Obtain AT at Reduced CostAT at Reduced Cost

Type of AT Device/Service Number Funded

Total Estimated

Current Purchase Price

Total Amount for

Which Devices Were Sold

Savings to Consumers

Speech communication System- generated

Vision System- generated

Hearing System- generated

Computers and related System- generated

Daily living System- generated

Learning, cognition, and developmental System- generated

Environmental adaptations System- generated

Mobility, seating and positioning System- generated

Vehicle modification and transportation System- generated

Recreation, sports, and leisure System- generated

Other (specify) System- generated

Total System- generated

System- generated

System- generated System- generated

2929

State Financing Activities That Allow State Financing Activities That Allow Consumers to Obtain Consumers to Obtain AT at Reduced CostAT at Reduced Cost

Additional ActivitiesAdditional Activities

Do you have additional activities to report in this Do you have additional activities to report in this section? If so, select “yes” and the system will repeat section? If so, select “yes” and the system will repeat this section. If you select “no,” it will take you to the this section. If you select “no,” it will take you to the next section of the reporting form. next section of the reporting form.

Drop-down box: (1) yes; (2) noDrop-down box: (1) yes; (2) no

(Respondents who choose “1” will repeat this (Respondents who choose “1” will repeat this section.) section.)

AnecdoteAnecdote