
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.







































