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… 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, lender, and/or the U.S. Department of Education. Student loan funds are delivered … 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 … a Cal Grant. Awards may be used for tuition and fees, books, supplies, and living expenses. For more information and to obtain an application:  Go to California Student Aid Commission Programs California Student Aid Commission Programs or email …