State Financing: General

1
State Financing General

• A state financing activity is approved as part of
  your State Plan for AT.
• Examples include
• financial loan programs
• last resort activities with non-AT Act dollars
• specialized case management
• cooperative buying
• telecommunications distribution with non-AT Act
  dollars
• activities that finance home modifications with
  non-AT Act dollars

2
State Financing General

• 1. Did your statewide AT program conduct any
  state financing activities during the reporting
  period?
• Drop-down box
• (1) yes
• (2) no, statewide AT program exercised state
  flexibility
• (3) no, statewide AT program claimed
  comparability
• (4) no, statewide AT program is developing an
  activity not yet implemented (include
  feasibility studies here)
• (Respondents who choose 1 will receive balance
  of section. Those who choose 2-4 will have the
  option to view only.)

3
State Financing Financial Loan Programs

• Did the statewide AT program conduct a financial
  loan program during the reporting period?
• Drop-down box (1) yes (2) no
• A financial loan program is a program that
  provides loans for purchase of AT devices and
  services.
• Do not report Access to Telework funds here!

4
State Financing Financial Loan Programs

• Two kinds of loan programs are considered
• Revolving loans made directly by the Statewide AT
  Program
• Partnership loans using dollars from another
  source
• This does not include loans in which you had no
  financial or administrative role.

5
State Financing Financial Loan Programs, Loan
Applications

• This is not applications simply accepted. This
  is applications actually reviewed to the extent
  that a decision was made about them.
• Report an application in the reporting period in
  which a decision was made, not the reporting
  period in which it was received.
• Decisions on applications fall into three
  categories
• Approved loan made
• Approved loan not made (you approved the
  loan, but the consumer declined for some
  reason)
• Rejected

6
State Financing Number and Geographic
Distribution of Loans
Number of Applications Area of Residence Area of Residence Area of Residence Total
Number of Applications Metro RUCC 1-3 Urban RUCC 4-7 Rural RUCC 8-9 Total
A. Approvedloan made System- generated
B. Approvedloan not made (i.e., the application was withdrawn after the loan was approved, or the loan was approved but not accepted by the consumer) System- generated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
7
State Financing Financial Loan Programs,
Applicant Income

• This applies only to those to whom a loan was
  made.
• The income is the gross annual income reported
  on the loan applications (i.e., the amount upon
  which the decision about the loan was based).
• a. Enter the lowest and highest income reported
  among all applicants to whom loans were made
  during the reporting period
• Lowest ______________
• Highest ______________

8
State Financing Income of Applicants
ASum of Incomes BNumber of Applicants to Whom Loans Were made CAverage Gross Annual Income
System- generated System- generated
9
State Financing Range of Income
Number and Percentage of Loans Made to Applicants with Incomes of Number and Percentage of Loans Made to Applicants with Incomes of Number and Percentage of Loans Made to Applicants with Incomes of Number and Percentage of Loans Made to Applicants with Incomes of Number and Percentage of Loans Made to Applicants with Incomes of 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 Total
Number of Loans System- generated
Percentage of Loans System- generated System- generated System- generated System- generated System- generated System- generated System- generated
10
State Financing Financial Loan Programs, Types
and Dollar Amounts of AT Financed

• A loan may pay for more than 1 device, so the
  number of devices and services may not be equal.
• Group large building access projects (e.g., a
  bathroom modification or exterior ramping of a
  house would each be one home modification).
• Include services funded in the AT category
  associated with the service (e.g., an
  audiological evaluation would go in the hearing
  category).

11
State Financing Type of 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) Low interest (prime or less) 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) Preferred interest (greater than prime) 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
12
State Financing Dollar Value 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
13
State Financing Financial Loan Programs,
Interest Rates

• 1. Interest Rates
• a. Enter the lowest and highest interest
  rates among all loans made, including both
  revolving and partnership loans. For interest
  buy-downs, report the interest rate to which you
  bought the loan down
• Lowest ______________
• Highest ______________

14
State Financing Average Interest Rate
ASum of Interest Rates BNumber of Loans Made CAverage Interest Rate
System- generated System- generated
15
State Financing Range of Interest Rates
Number of Loans Made at Interest Rates of Number of Loans Made at Interest Rates of Number of Loans Made at Interest Rates of Number of Loans Made at Interest Rates of Number of Loans Made at Interest Rates of Number of Loans Made at Interest Rates of Number of Loans Made at Interest Rates of Number of Loans Made at Interest Rates of Total Number of Loans
0-2.0 2.1-4.0 4.1-6.0 6.1-8.0 8.1-10 10.1-12 12.0-14 14 Total Number of Loans
System- generated
16
State Financing Types of 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
17
State Financing Financial Loan Programs, Default

• a. In this section, use the definition(s) of
  default established for your financial loan
  program.
• Please indicate how your program determines when
  a loan is in default (Narrative field)

18
State Financing Percentage of Defaulted Loans
Number of Loans in Default Number of Outstanding Loans Percentage of Loans in Default
System- generated
19
State Financing Net Dollar Loss
Net Dollar Loss on Loans Total Dollar Value of Outstanding Loans Default Rate
System- generated
20
State Financing Other State Financing Activities

• Activities that provide consumers with resources
  and services that result in the acquisition of AT
  devices and services.
• These activities provide new funding or devices
  (directly or indirectly), not cost savings.
• last resort activities with non-AT Act dollars
• specialized case management
• telecommunications distribution
• activities that finance home modifications with
  non-AT Act dollars
• Telework

21
State Financing Other State Financing Activities

• 1. General Information
• a. Did the statewide AT program conduct
  another state financing activity?
• Drop-down box (1) yes (2) no
• (Respondents who choose 1 will receive balance
  of section.)
• (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
  this section more than once. After you have
  completed your first entry, you will be given an
  opportunity to repeat this section in order to
  report additional activities.
• b. Which of the following describes this state
  financing activity?
• Drop-down box (1) Access to Telework Funds (2)
  last resortactivity (3) specialized case
  management (4) financing for home modifications
  (5) telecommunications distribution (6) other
  (specify)

22
Other State Financing Geographic Distribution
County of Residence Number of Individuals
Metro (RCCU 1-3)
Metro (RCCU 4-7)
Metro (RCCU 8-9)
Total System- generated
23
State Financing Other State Financing Activities

• Types and Dollar and Dollar Amounts - same as
  financial loans, except
• number funded vs. number financed
• value of AT provided vs. dollar value of
  loan
• Value of AT Provided
• This is not how much funding you secured it
  is value of device obtained.
• Use the MSRP. If you cant find the exact
  price for a particular item, use the value of a
  comparable device.

24
Other State Financing Types 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
25
State Financing Other State Financing Activities

• 4. Additional Activities
• Do you have additional activities to report in
  this section? If so, select yes and the system
  will repeat this section. If you select no, it
  will take you to the next section of the
  reporting form.
• Drop-down box (1) yes (2) no
• (Respondents who choose 1 will repeat this
  section.)

26
State Financing Activities That Allow Consumers
to Obtain AT at Reduced Cost

• Examples
• Cooperative buying
• Others?
• General Information same as Other State
  Financing Activities
• Geographic Distribution same as Other State
  Financing Activities

27
State Financing Activities That Allow Consumers
to Obtain AT at Reduced Cost

• Savings to Consumers, by Type of AT
  Device/Service same as Other State Financing
  Activities except
• You must know the estimated purchase price
  (price before savings) and the actual price
  (price at which it sold) to calculate cost
  savings.
• Use the MSRP to determine the current purchase
  price of the device. If you cant find the exact
  price, use the value of a comparable device.

28
State Financing Activities That Allow Consumers
to Obtain AT 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
29
State Financing Activities That Allow Consumers
to Obtain AT at Reduced Cost

• Additional Activities
• Do you have additional activities to report in
  this section? If so, select yes and the system
  will repeat this section. If you select no, it
  will take you to the next section of the
  reporting form.
• Drop-down box (1) yes (2) no
• (Respondents who choose 1 will repeat this
  section.)
• Anecdote