OPINION *
Appellant Sean Johnson appeals the District Court’s order denying his motion seeking leave to proceed with his civil action in forma pauperis (“IFP”). Because the appeal presents- no substantial question, we will affirm the judgment of the District Court.
Johnson filed the underlying complaint in the United States District Court for the Eastern District of Pennsylvania in May 2014. Johnson sought leave to proceed with his civil action IFP. However, the District Court concluded that Johnson had sufficient assets to pay the $400 filing and administrative fees. Accordingly, it denied his IFP motion as well as his request for reconsideration. The Clerk was thus instructed to mark the case closed, and Johnson was advised that he could reinstate the matter by remitting the applicable fees within thirty days. Johnson filed this timely appeal instead.
We have jurisdiction over the appeal pursuant to 28 U.S.C. § 1291. See Sinwell v. Shapp, 586 F.2d 15, 16 (Sd Cir.1976). We review the denial of a motion to proceed IFP and the denial of a motion for reconsideration for abuse of discretion. See id. at 19 (IFP motion); Max’s Seafood Café v. Quinteros, 176 F.3d 669, 673 (3d Cir.1999) (motion for reconsideration). “In this circuit, leave to proceed [IFP] is based on a showing of indigence.” Deutsch v. United States, 67 F.3d 1080, 1084 n. 5 (3d Cir.1995). When exercising its discretion to approve or deny a motion to proceed IFP, a court “must be rigorous ... to ensure that the treasury is not unduly imposed upon.” Walker v. People Express Airlines, Inc., 886 F.2d 598, 601 (3d Cir.1989). At the same time, however, the court must remember that the purpose of the IFP statute “is to provide an entre, not a barrier, to the indigent seeking relief in the federal court.” Souder v. McGuire, 516 F.2d 820, 823 (3d Cir.1975).
In the IFP application that Johnson submitted to the District Court, he indicated that he had $500 cash on hand and another $7375 in a bank account, and no extraordinary expenses. Given that information, we conclude that the District Court did not abuse its discretion when it denied his IFP motion. Likewise, we can find no abuse of discretion on the part of the District Court in denying Johnson’s reconsideration motion given his failure to present any new information regarding his financial situation.
For the foregoing reasons and because the appeal presents no substantial question, we will summarily affirm the District Court’s judgment. See Third Circuit LAR 27.4 and I.O.P. 10.6. Our ruling is without prejudice to Johnson’s right to refile his complaint with the appropriate filing fee or resubmit it with another motion for leave to proceed IFP, as his circumstances may warrant.1