… The maximum annual award is $7,395. Students have a maximum lifetime Pell eligibility of 600% (equivalent to 12 full-time semesters), where 100% is equal to two full-time semesters. … Federal Supplemental Educational Opportunity Grant (FSEOG) … meet eligibility standards to work within the LACCD. Check with your college's Financial Aid Office. … Student Loans (Aid that you must pay back) … A caution about student loans – It takes time for a loan application to be processed by the school, … sources of financial assistance that allow you to spread the cost of education over time. Federal student loans are not automatically included in students’ award packages. Students are not required to borrow a federal student loan. Loans are …