… 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, … based on demonstrated need and may be used to replace all or portions of the calculated student aid index for students who completed a FAFSA. Not all colleges participate in PLUS loans. Contact your Financial Aid Office to learn about loan … 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 …