The Supplemental Nutrition Assistance Program (SNAP) is set to undergo significant changes in 2024, with a new cost-of-living adjustment (COLA) increasing benefits for millions of low-income households across the United States.
Starting October 1, 2023, these changes will take effect, providing much-needed relief to families struggling with the rising cost of living.
In this comprehensive guide, we’ll break down everything you need to know about the upcoming SNAP benefits increase, including who qualifies, how much more beneficiaries can expect, and how these changes vary by state.
What is SNAP and Why is the 2024 COLA Important?
SNAP, previously known as the Food Stamp Program, provides monthly financial assistance to eligible low-income families and individuals to purchase food. The program’s benefits are adjusted annually to account for inflation and changes in the cost of living.
For fiscal year 2024, the COLA reflects a significant increase, ensuring that SNAP beneficiaries can keep pace with rising food costs.
Key Changes in SNAP Benefits for 2024
Starting from October 1, 2023, the following adjustments will be made to SNAP benefits:
- Increase in Maximum Allotments: The maximum monthly allotments will rise for the 48 contiguous states and Washington, D.C., Alaska, Guam, and the U.S. Virgin Islands. For a family of four, the new maximum allotment in the 48 states and D.C. will be $973, up from $939.
- Adjusted Income Eligibility Standards: The gross and net income eligibility standards have also been updated. Gross monthly income limits are now set at 130% of the poverty level for the household size, and net income limits are set at 100% of the poverty level.
- Changes in Deductions and Shelter Cap Values: The shelter cap value has increased to $672 for the 48 states and D.C. This cap is higher for Alaska, Guam, Hawaii, and the U.S. Virgin Islands.
- Minimum Benefit Remains Unchanged: The minimum benefit for the 48 states and D.C. remains unchanged at $23.
State-by-State SNAP Benefit Changes
Here’s a detailed look at the changes in SNAP benefits for various states and territories:
State/Territory | 1-Person Household | 4-Person Household |
---|---|---|
48 Contiguous States & D.C. | $292 | $973 |
Alaska (Urban) | $377 | $1,248 |
Alaska (Rural 1) | $481 | $1,604 |
Alaska (Rural 2) | $586 | $1,937 |
Hawaii | $517 | $1,759 |
Guam | $431 | $1,434 |
U.S. Virgin Islands | $376 | $1,251 |
How to Apply for the Increased Benefits
If you’re currently receiving SNAP benefits, you do not need to take any action to receive the increased amount. The adjustments will be automatically applied starting October 1, 2023.
However, those who believe they may now qualify due to changes in eligibility criteria should apply through their state’s SNAP office.
Impact of the 2024 SNAP Increase
The increase in SNAP benefits is expected to provide significant relief to over 41 million Americans who rely on the program. This adjustment is part of the USDA’s ongoing efforts to combat food insecurity and ensure that low-income families have access to nutritious food.
The new allotments, based on the Thrifty Food Plan, are designed to better reflect the cost of a market basket of food, accounting for dietary needs and preferences.
Conclusion
The 2024 COLA for SNAP benefits is a vital adjustment that will help millions of Americans afford the food they need. As the cost of living continues to rise, these changes ensure that SNAP benefits remain a critical support system for low-income households.
If you or someone you know could benefit from these increased benefits, be sure to apply or update your information with your state’s SNAP office.
FAQs
1. When will the new SNAP benefits take effect?
The new SNAP benefits will take effect on October 1, 2023.
2. How much will SNAP benefits increase in 2024?
The increase varies by household size and state, but for a family of four in the 48 contiguous states and D.C., the maximum allotment will increase from $939 to $973.
3. Will the minimum SNAP benefit change in 2024?
No, the minimum benefit for the 48 states and D.C. will remain at $23.
4. How are SNAP benefits calculated?
SNAP benefits are calculated based on the Thrifty Food Plan, which estimates the cost of providing a family with nutritious, low-cost meals. Benefits are adjusted annually for cost-of-living increases.
5. How can I find out if I qualify for SNAP benefits?
Eligibility for SNAP benefits is based on household income, size, and certain other criteria. You can check your eligibility and apply through your state’s SNAP office or the USDA website.