… or have the interest added back into the principal of each loan. Federal Direct PLUS Loan A creditworthy parent of a dependent undergraduate can apply for a Federal Direct PLUS loan. Federal Direct PLUS loans are not based on demonstrated … a vocational program at a California Community College, private college, or career technical school in a course of study lasting from four months to two years. The Cal Grant C maximum award amount is $1,094. Cal Grant Access Award for Students …