… Aid - Programs - Federal (UC) … Federal Financial Aid Programs … Federal Pell Grant … The Federal Pell Grant provides gift aid assistance to undergraduates who have not yet earned a baccalaureate or first professional degree and who … so that they can make informed choices about their education. If you borrow federal student loans, you can track your loans through the Federal Student Aid Student Aid website . Federal Direct Loans The Federal Direct Loans … your award will be held in reserve for up to three years until you transfer to a bachelor’s degree program. Cal Grant B Provides subsistence payments for new recipients in the amount of $1,648 for a full-time, full year award. Payments are …