… 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 adjusted accordingly for three-quarters and half-time enrollment for each payment period. Cal Grant B recipients who transfer to a tuition/fee-charging school after completing one or two years at a community college may have …