Quiz | Students
Jan 28, 2026
With the impending removal of the HUD Section 8 student assistance income rule, as discussed HERE, our minds here at the Costello Companies have been on students in affordable housing. This quiz explores some student-related rules.
1. Which two programs share student eligibility rules triggered if all family members are students?
(A) HOME and NHTF
(B) Rural Development and tax-exempt bonds
(C) HUD Section 8 and LIHTC
(D) LIHTC and tax-exempt bonds
2. Which of the following is triggered only by full-time students?
(A) HUD Section 8 student eligibility rule
(B) Tax-exempt bond student eligibility rule
(C) HOTMA student assistance as income rule
(D) Rural Development student eligibility rule
3. Which of the following programs use the HOTMA student assistance income rule? [choose all that apply]
(A) HUD
(B) LIHTC
(C) HOME
(D) Rural Development
4. Which of the following is NOT considered student assistance under the HOTMA student financial assistance income rule?
(A) Assistance from the Higher Education Act
(B) Scholarships
(C) Money parents or grandparents pay for a student's tuition
(D) The GI Bill
5. Assistance from Pell Grants and other assistance under Higher Education Act section 479B programs is never counted as student assistance income.
True or False
There is a very good chance that the topic of this post is covered in an online on-demand course at Costello University.
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