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ALT Types of Federal Aid Grants Gift aid that doesn't have to be repaid. Federal Work-study Money that is earned and doesn't have to be repaid. Loans Borrowed money that must be repaid. Program Name Maximum Scheduled Award Amounts Federal Pell Grant (2022-23) up to $6,895 Federal Supplemental Education Opportunity Grant up to $4,000 Teacher Educational Assistance for College and Higher Education (TEACH) Grant up to $4,000 Iraq and Afghanistan Service Grant up to $6,895 Federal Work-Study varies by School Direct Subsidized Loans up to $5,500 depending on grade level and dependency status Direct Unsubsidized Loans up to $20,500 Direct PLUS Loans varies by Student Based on cost of attendance minus other student aid received Note: The amounts listed are for one academic year of school. Talk to your school about how your aid will be disbursed.

ALT Is the income you reported on your FAFSA Form no longer accurate? Contact your school as soon as possible to appeal your financial aid award for the fall term. Provide documentation to support the circumstances leading to an involuntary loss of income such as a layoff; incarceration; reduction in hours worked; a parent or guardian's divorce or separation; a serious illness or disability in your family, which causes a reduction in income or increased medical expenses; a death in your family; or income from a rental property, court settlement, or alimony that is no longer available.





















