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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Loan Programs

Loans help students and parents fund education. Shippensburg University does NOT offer a list of recommended lenders for private alternative loans. However, we recommend that you compare between 6 to 10 lenders when shopping for an alternative student loan. 

Loan Program Summary

Program  Basis  Annual Award  Remarks 
Federal Perkins Loan  Need $400 - $2,600 Awarded based on need analysis
Federal Direct Loan  Need/Non-need Depends on class standing See Federal Direct Loan Page 
Federal Direct Plus Loan  Up to cost of education less other aid received Federal Direct PLUS Loan application required. Must complete Free Application for Federal Student Aid (FAFSA).
Alumni Student Loan  Need Up to tuition costs Available to academically outstanding students. Contact Financial Aid Office for more information.
Bush Student Loan  Need Up to tuition costs Available to academically outstanding students. Contact Financial Aid Office for more information.
Private Alternative Loan  Non Need Up to cost of education less other aid received A separate application with a lender of your choice is required.
Federal Direct Graduate PLUS Loan  Up to cost of education less Federal Direct Stafford Loan received Federal Direct Gradulate PLUS Loan application required. Must complete Free Application for Federal Student Aid (FAFSA).


Tax Benefits 

If you are borrowing federal student loans, please make note of the following tax benefits available to you (ask your tax preparer about these benefits):

  • The student loan interest deduction can reduce the taxable income of many student and parent loan borrowers based on the amount of interest paid by the borrower or on the borrower's behalf over the tax year.
  • The tuition and fees deduction can reduce the taxable income of taxpayers based on college tuition and fees paid during the tax year.
  • The American Opportunity, Hope, and Lifetime Learning tax credits allow many taxpayers to claim a credit against their federal income taxes for college tuition and fees paid during the tax year.