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 |
Area of Residence | Total | ||
---|---|---|---|
Metro RUCC 1-3 |
Non-Metro RUCC 4-9 |
||
Approved Loan made | 35 | 42 | 77 |
Approved Not made | 07 | 07 | 14 |
Rejected | 30 | 36 | 66 |
Total | 72 | 85 | 157 |
Lowest Income: | $9,360 | Highest Income: | $144,000 |
---|
Sum of Incomes | Loans Made | Average Annual Income |
---|---|---|
$3,795,678 | 77 | $49,295 |
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 | 08 | 20 | 16 | 10 | 07 | 16 | 77 |
Percentage of Loans | 10.39% | 25.97% | 20.78% | 12.99% | 9.09% | 20.78% | 100% |
Type of Loan | Number of Loans | Percentage of loans |
---|---|---|
Revolving Loans | 41 | 53.25% |
Partnership Loans | ||
Without interest buy-down or loan guarantee | 00 | 0% |
With interest buy-down only | 11 | 14.29% |
With loan guarantee only | 00 | 0% |
With both interest buy-down and loan guarantee | 25 | 32.47% |
Total | 77 | 100% |
Type of Loan | Number of Loans | Dollar Value of Loans |
---|---|---|
Revolving Loans | 41 | $186,890 |
Partnership Loans | 36 | $725,062 |
Total | 77 | $911,952 |
Lowest | 5% |
---|---|
Highest | 8% |
Sum of Interest Rates | Number of Loans Made | Average Interest Rate |
---|---|---|
556 | 77 | 7.22077922077922% |
Interest Rate | Number of loans |
---|---|
0.0% to 2.0% | 00 |
2.1% to 4.0% | 00 |
4.1% to 6.0% | 20 |
6.1% to 8.0% | 57 |
8.1% - 10.0% | 00 |
10.1%-12.0% | 00 |
12.1%-14.0% | 00 |
14.1% + | 00 |
Total | 77 |
Type of AT | Number of Devices Financed | Dollar Value of Loans |
---|---|---|
Vision | 01 | $1,027 |
Hearing | 104 | $285,023 |
Speech communication | 00 | $0 |
Learning, cognition, and developmental | 00 | $0 |
Mobility, seating and positioning | 06 | $4,778 |
Daily living | 06 | $502 |
Environmental adaptations | 00 | $0 |
Vehicle modification and transportation | 20 | $619,684 |
Computers and related | 03 | $938 |
Recreation, sports, and leisure | 00 | $0 |
Total | 140 | $911,952 |
Number Loans in default | 33 |
---|---|
Net loss for loans in default | $123,453 |
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? | 1 |
---|
How would you describe this state financing activity? | Other: |
---|
County of Residence | Individuals Served |
---|---|
A. Metro (RUCC 1-3) | 27 |
B. Non-Metro (RUCC 4-9) | 5 |
C. Total Served | 32 |
Performance Measure | |
---|---|
D. Excluded from Performance Measure | 0 |
E. Number of Individuals Included in Performance Measures | 32 |
If a number is reported in D you must provide a description of the reason the individuals are excluded from the performance measure:
Type of AT Device / Service | Number of Devices Funded | Value of AT Provided |
---|---|---|
Vision | 0 | $0 |
Hearing | 0 | $0 |
Speech communication | 32 | $23,548 |
Learning, cognition, and developmental | 0 | $0 |
Mobility, seating and positioning | 0 | $0 |
Daily living | 0 | $0 |
Environmental adaptations | 0 | $0 |
Vehicle modification and transportation | 0 | $0 |
Computers and related | 0 | $0 |
Recreation, sports, and leisure | 0 | $0 |
Total | 32 | $23,548 |
How many state financing activities that allow consumers to obtain AT at a reduced cost were included in your approved state plan? | 1 |
---|
How would you describe this state financing activity? | AT Fabrication or AT Maker Program |
---|
County of Residence | Individuals Served |
---|---|
A. Metro (RUCC 1-3) | 26 |
B. Non-Metro (RUCC 4-9) | 10 |
C. Total Served | 36 |
Performance Measure | |
---|---|
D. Excluded from Performance Measure | 0 |
E. Number of Individuals Included in Performance Measures | 36 |
If a number is reported in D you must provide a description of the reason the individuals are excluded from the performance measure:
Type of AT Device / Service | Number Provided | Total Estimated Current Retail Purchase Price | Total Price for Which Devices Were Sold | Savings to Consumers |
---|---|---|---|---|
Vision | 3 | $23 | $0 | $23 |
Hearing | 0 | $0 | $0 | $0 |
Speech communication | 0 | $0 | $0 | $0 |
Learning, cognition, and developmental | 2 | $11 | $0 | $11 |
Mobility, seating and positioning | 0 | $0 | $0 | $0 |
Daily living | 24 | $235 | $0 | $235 |
Environmental adaptations | 13 | $137 | $0 | $137 |
Vehicle modification and transportation | 0 | $0 | $0 | $0 |
Computers and related | 0 | $0 | $0 | $0 |
Recreation, sports, and leisure | 0 | $0 | $0 | $0 |
Total | 42 | $406 | $0 | $406 |
Niko and his family were referred to Oklahoma ABLE Tech by the Oklahoma Office of Disability Concerns. After a subdural hematoma and spinal injury required Niko to start using a wheelchair, Niko’s family needed a mobility van. Niko’s family received a loan to purchase his mobility van through the Financial Loan Program at Oklahoma ABLE Tech. Now, Niko enjoys the freedom the van provides, especially trips to the mall and basketball games. He is looking forward to going on a longer trip in the new van soon! The Oklahoma ABLE Tech Financial Loan Program provides individuals in need of assistive technology (AT), durable medical equipment (DME), home modifications, or modified vehicles, with loans to purchase needed items. These loans are low-interest and have flexible repayment terms to ensure Oklahomans can get the devices they need to help them live, learn, and work independently. To learn more about the Financial Loan Program, visit https://www.okabletech.org/core-programs/financial-program/.
Response | Primary Purpose for Which AT is Needed | Total | ||
---|---|---|---|---|
Education | Employment | Community Living | ||
1. Could only afford the AT through the AT program. | 07 | 10 | 34 | 51 |
2. AT was only available through the AT program. | 01 | 03 | 56 | 60 |
3. AT was available through other programs, but the system was too complex or the wait time too long. | 00 | 00 | 01 | 01 |
4. Subtotal | 08 | 13 | 91 | 112 |
5. None of the above | 08 | 02 | 08 | 18 |
6. Subtotal | 16 | 15 | 99 | 130 |
7. Nonrespondent | 00 | 06 | 09 | 15 |
8. Total | 16 | 21 | 108 | 145 |
9. Performance on this measure | 50% | 61.9% | 84.26% |
Customer Rating of Services | Number of Customers | Percent |
---|---|---|
Highly satisfied | 81 | 55.86% |
Satisfied | 49 | 33.79% |
Satisfied somewhat | 00 | 0% |
Not at all satisfied | 00 | 0% |
Nonrespondent | 15 | 10.34% |
Total Surveyed | 145 | |
Response rate % | 89.66% |
Activity | Number of Individuals Receiving a Device from Activity |
---|---|
A. Device Exchange | 239 |
B. Device Refurbish/Repair - Reassign and/or Open Ended Loan | 999 |
C. Total | 1,238 |
Performance Measure | |
---|---|
D. Excluded from Performance Measure because AT is provided to or on behalf of an entity that has an obligation to provide the AT such as schools under IDEA or VR agencies/clients. | 00 |
E. Number of Individuals Included in Performance Measures | 1,237 |
If a number is reported in D you must provide a description of the reason the individuals are excluded from the performance
Type of AT Device | Number of Devices Exchanged | Total Estimated Current Purchase Price | Total Price for Which Device(s) Were Exchanged | Savings to Consumers |
---|---|---|---|---|
Vision | 07 | $4,869 | $0 | $4,869 |
Hearing | 27 | $18,285 | $0 | $18,285 |
Speech Communication | 06 | $22,459 | $0 | $22,459 |
Learning, Cognition and Developmental | 03 | $24 | $0 | $24 |
Mobility, Seating and Positioning | 58 | $19,521 | $0 | $19,521 |
Daily Living | 269 | $9,804 | $0 | $9,804 |
Environmental Adaptations | 73 | $1,343 | $0 | $1,343 |
Vehicle Modification & Transportation | 01 | $3,500 | $0 | $3,500 |
Computers and Related | 09 | $2,454 | $0 | $2,454 |
Recreation, Sports and Leisure | 19 | $344 | $0 | $344 |
Total | 472 | $82,603 | $0 | $82,603 |
Type of AT Device | Number of Devices Reassigned/Refurbished and Repaired | Total Estimated Current Purchase Price | Total Price for Which Device(s) Were Sold | Savings to Consumers |
---|---|---|---|---|
Vision | 09 | $661 | $0 | $661 |
Hearing | 00 | $0 | $0 | $0 |
Speech Communication | 00 | $0 | $0 | $0 |
Learning, Cognition and Developmental | 00 | $0 | $0 | $0 |
Mobility, Seating and Positioning | 567 | $302,153 | $0 | $302,153 |
Daily Living | 553 | $68,908 | $0 | $68,908 |
Environmental Adaptations | 45 | $3,865 | $0 | $3,865 |
Vehicle Modification & Transportation | 00 | $0 | $0 | $0 |
Computers and Related | 00 | $0 | $0 | $0 |
Recreation, Sports and Leisure | 00 | $0 | $0 | $0 |
Total | 1,174 | $375,587 | $0 | $375,587 |
Assistive technology (AT) increases independence for people with disabilities and often makes life feel possible again! This summer, Debby received several pieces of durable medical equipment (DME) including a wheelchair, blood pressure monitor, shower chair, and lift chair from Oklahoma ABLE Tech’s Device Reutilization program in partnership with the Oklahoma Assistive Technology Foundation (OkAT). Debby’s disabilities include arthritis, degenerative back disease, diabetes, and high blood pressure. She was officially diagnosed when she was in her 50s but has experienced pain during work since she was 17 years old. Access to DME allows Debby to get out of her home and socialize with her community, friends, and family again. She said, “Now, I have a much brighter outlook on my place in this part of my life!”