… full-time semesters. … Federal Supplemental Educational Opportunity Grant (FSEOG) … The FSEOG is a federal grant program designed to supplement other sources of financial aid for students with exceptional need. FSEOG awards are based on financial … rates, fees, repayment terms, etc. Master Promissory Notes Before you receive a Federal Direct Loan, you will need to sign a Master Promissory Note (MPN) which is your legally binding promise to repay the loan funds you received. The college … 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 …