Types of Aid:

Highlights

News

The Federal School Code for Shippensburg University is 003326.

Students should complete an electronic Master Promissory Note (eMPN) in order to borrow a Federal Direct Loan or a Federal Direct Graduate PLUS Loan at www.studentloans.gov.

Parents may complete an eMPN in order to borrow a Federal Direct Parent PLUS Loan after May 31 at www.studentloans.gov.

Dates & Deadlines

Prospective and returning students should complete the FAFSA as soon as possible.

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Contact Us

Due to federal privacy laws, you must call (717) 477-1131 for individual student information.

General financial aid questions can be addressed by e-mail at finaid@ship.edu. Please provide the student's Shippensburg University ID (if applicable) in all e-mails. 

Fax: (717) 477-4028

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Related Links

Go to FAFSA 

Academic Calendar 

Semester Information 

How to Pay for College (college.gov) 

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Consolidation

What is a consolidation loan?

A consolidation loan combines several student loans (parent or student) from different lenders into one loan from a single lender. Consolidation loans are available for most federal loans, including FFELP (Stafford, PLUS and SLS), FISL, Perkins, Health Professional Student Loans, NSL, HEAL, Guaranteed Student Loans and Direct Loans. Some lenders offer private consolidation loans for private education loans as well. Generally, private loans cannot be consolidated with federal student loans.

Is it a good idea for me to consolidate?

There are pros and cons to consolidating student loans. It may serve as a great way to simplify loan repayment by centralizing your loans to one bill and can lower payments by giving you up to 30 years to repay loans. However, a consolidation could also bring about more payments, more interest, and a potential loss of borrower benefits from your original loan. Once your loans are consolidated they cannot be removed from consolidation.

Please consider the matter carefully and for more information visit the following website:

http://studentaid.ed.gov/repay-loans/consolidation#consolidation-checklist 

Where can I get a consolidation loan?

If you are interested in consolidating your Federal Student loans you may complete an application at: www.studentloans.gov

If you are interested in consolidating Alternative/Private Student loans please visit ELM Select.  Choose the private consolidation program type.