A food stamp credit card that expires before the expiration date may not be eligible for a refund, according to a new study.
The study, conducted by the National Consumer Law Center, found that if you receive a food stamp subsidy card after the expiration of the subsidy, you may still have a chance of receiving a refund.
The Center for Responsible Lending said the study included a sample of more than 3,000 food stamp applicants and found that only 13 percent of food stamp recipients received refunds from the time they were denied the card.
“We believe that the study provides the most accurate estimate yet of how often food stamp cards are revoked,” the Center said in a statement.
The research also found that the average time to receive a refund was two weeks, compared to 10 to 15 days for a consumer who received a refund within seven days of being denied the food stamp.
Food stamp card renewal requirements vary by state, and the Center for a Responsible Economy estimated that nearly 80 percent of all food stamp households do not renew their cards.
In order to receive the refund, food stamp holders must complete a six-month waiting period, submit their paperwork to the Department of Agriculture, and then submit an application for a card renewal.
Food stamps were first expanded in the early 1980s, but the number of recipients grew dramatically in recent years.
The USDA reports that more than 40 million people are eligible for the program, which is intended to help lower poverty and hunger in the U.S.
The food stamp program was originally created in response to the Great Depression, when food stamps were often scarce.
Under the program today, individuals receive up to $2,000 in subsidies each month for groceries, rent and other items.
For more information, visit: http://www.nalc.org/index.cfm?id=939#sthash.