National Assistive Technology Act Data System

Annual Progress Report - Full Report

Oklahoma 2018

General Information

Statewide AT Program (Information to be listed in national State AT Program Directory)

State AT Program Title:
Oklahoma ABLE Tech
State AT Program Title:
State AT Program URL
https://www.okabletech.org/
Mailing Address:
1514 W Hall of Fame
City:
Stillwater
State:
OK
Zip Code:
74078
Program Email:
abletech@okstate.edu
Phone:
4057449748
TTY:
800.257.1705

Lead Agency

Agency Name:
Oklahoma ABLE Tech
Mailing Address:
1514 W Hall of Fame
City:
Stillwater
State:
OK
Zip Code:
74078
Program URL:
https://www.okabletech.org/

Implementing Entity

Name of Implementing Agency:
Mailing Address:
City
State:
Zip Code:
Program URL:

Program Director and Other Contacts

Program Director for State AT Program (last, first):
Linda Jaco
Title:
Director
Phone:
405-744-9864
E-mail:
linda.jaco@okstate.edu
Program Director at Lead Agency (last, first):
Linda Jaco
Title:
Director
Phone:
405-744-9864
E-mail:
linda.jaco@okstate.edu
Primary Contact at Implementing Agency (last, first) - If applicable:
Title:
Phone:
E-mail:

Person Responsible for completing this form if other than Program Director

Name (last, first):
Linda Jaco
Title:
Director
Phone:
4057449864
E-mail:
linda.jaco@okstate.edu

Certifying Representative

Name (last, first):
Linda Jaco
Title:
Director
Phone:
4057449864
E-mail:
linda.jaco@okstate.edu

State Financing

Did your approved state plan for this reporting period include any State Financing? Yes
Did your approved state plan for this reporting period include conducting a Financial Loan Program? Yes

Loan Applications
Area of Residence Total
Metro
RUCC 1-3
Non-Metro
RUCC 4-9
Approved Loan made 51 30 81
Approved Not made 02 02 04
Rejected 05 02 07
Total 58 34 92

2. Income of Applicants to Whom Loans Were Made

Lowest/Highest Incomes
Lowest Income: $9,000 Highest Income: $169,992

Average Income
Sum of Incomes Loans Made Average Annual Income
$3,286,998 81 $40,580

Number and Percentage of Loans Made to Applicants by Income Range
Income Ranges Total
$15,000
or Less
$15,001-
$30,000
$30,001-
$45,000
$45,001-
$60,000
$60,001-
$75,000
$75,001
or More
Number of Loans 18 23 10 13 06 11 81
Percentage of Loans 22.22% 28.4% 12.35% 16.05% 7.41% 13.58% 100%

3. Loan Type

Loan Type
Type of Loan Number of Loans Percentage of loans
Revolving Loans 51 62.96%
Partnership Loans
Without interest buy-down or loan guarantee 00 0%
With interest buy-down only 16 19.75%
With loan guarantee only 00 0%
With both interest buy-down and loan guarantee 14 17.28%
Total 81 100%

Loan Type Summary
Type of Loan Number of Loans Dollar Value of Loans
Revolving Loans 51 $179,264
Partnership Loans 30 $248,407
Total 81 $427,671

4. Interest Rates

Interest Rates
Lowest 5%
Highest 6%

Interest Rate Summary
Sum of Interest Rates Number of Loans Made Average Interest Rate
419 81 5.17283950617284%

Number of Loans Made by Interest Rate
Interest Rate Number of loans
0.0% to 2.0% 00
2.1% to 4.0% 00
4.1% to 6.0% 81
6.1% to 8.0% 00
8.1% - 10.0% 00
10.1%-12.0% 00
12.1%-14.0% 00
14.1% + 00
Total 81

5. Types and Dollar Amounts of AT Financed

Types and Dollar Amounts of AT Financed
Type of AT Number of Devices Financed Dollar Value of Loans
Vision 00 $0
Hearing 70 $288,562
Speech communication 00 $0
Learning, cognition, and developmental 00 $0
Mobility, seating and positioning 00 $0
Daily living 02 $1,656
Environmental adaptations 00 $0
Vehicle modification and transportation 08 $126,739
Computers and related 00 $0
Recreation, sports, and leisure 01 $10,714
Total 81 $427,671

6. Defaults

Defaults
Number Loans in default 08
Net loss for loans in default $27,700

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

1. Overview of Activities Performed

How many other state financing activities that provide consumers with access to funds for the purchase of AT devices and services were included in your approved state plan? 01
Activity 1
How would you describe this state financing activity? Other: Smoke Alarms and Special Alert Devices
2. Geographic Distribution, Number of Individuals Who Acquired AT Devices and Services and Number for whom Performance Measure Data are Collected
Geographic Distribution
County of Residence Individuals Served
A. Metro (RUCC 1-3) 214
B. Non-Metro (RUCC 4-9) 214
C. Total Served 428

Performance Measure Number
Performance Measure Number
D. Excluded from Performance Measure 00
E. Number of Individuals Included in Performance Measures 428

If a number is reported in D you must provide a description of the reason the individuals are excluded from the performance measure:

3. Types and Dollar Amounts of AT Funded
Types and Dollar Amounts of AT Funded
Type of AT Device / Service Number of Devices
Funded
Value of
AT Provided
Vision 79 $17,222
Hearing 289 $63,002
Speech communication 00 $0
Learning, cognition, and developmental 00 $0
Mobility, seating and positioning 60 $13,080
Daily living 00 $0
Environmental adaptations 00 $0
Vehicle modification and transportation 00 $0
Computers and related 00 $0
Recreation, sports, and leisure 00 $0
Total 428 $93,304


C. State Financing Activities that Allow Consumers to Obtain AT at Reduced Cost

1. Overview of Activities Performed

How many state financing activities that allow consumers to obtain AT at a reduced cost were included in your approved state plan? 00

D. Anecdote

This 26-year old can now “go and enjoy those Oklahoma back roads” in his dream truck! A two-time participant in ABLE Tech’s financial loan program, this young man applied 4 years ago for a loan that was cosigned by his parents. Fast forward to 2018, and he was able to reapply for a loan by himself. He had improved his credit score which put him in a great position to purchase a vehicle. He is now able to enjoy those activities his same-age peers participate in while in his new modified vehicle!