FINANCIAL AID OFFICE NEWS FOR 2015-2016
Updates to Satisfactory Academic Progress policy
There are changes to the minimum cumulative
GPA requirement for the Financial Aid Satisfactory Academic Progress (SAP)
policy. Effective beginning with the 2015-16 academic year, ALL undergraduate students must be
earning a cumulative GPA of 2.0 or higher.
This update to the SAP policy aligns the requirements for financial aid eligibility with the
University’s academic good standing policy which also requires a 2.0 GPA for all students.
The 2015-2016 Satisfactory Academic Progress policy to be published soon.
Welcome to Financial Aid
How to Apply for Aid
As a member of Pennsylvania's State System of Higher Education (PASSHE), Shippensburg University can offer a quality education at a surprisingly affordable cost. However, many students still need financial assistance in order to attend college.
Students are encouraged to file a
Free Application for Federal Student Aid (FAFSA) between January 1 and March 31.
The Pennsylvania Higher Education Assistance Agency (PHEAA) requires the FAFSA to be received by the Federal Processor no later than May 1 for Pennsylvania State Grant consideration for PA residents. Completing your federal tax return prior to completing this application is highly encouraged as the FAFSA refers to specific lines on the tax return.
When you complete and submit your FAFSA you will receive a confirmation code and an Expected Family Contribution (EFC) from The Department of Education. The EFC is used to determine your eligibility for certain federal grants and various types for financial aid. The EFC does not represent what you will pay for college but rather what the Department of Education suggests you are able to pay. The financial aid office imports records from the Department of Education on a daily basis.
Important Information for All Students
When information is available (mid to late March), students will log on to the Student
myShip Portal by following the appropriate instructions under the
Financial Aid Student Portal Tab on this page to check their Financial Aid requirements, award packages, and accept, reduce or decline aid.
Students who accept any part of their Federal Direct Loans as part of their aid package and have not previously completed a Master Promissory Note (eMPN) and Entrance Counseling at
www.studentloans.gov should complete these requirements as soon as possible in order for your Federal Direct Loans to disburse timely. Students are encouraged to complete the FAFSA early to avoid processing delays. For additional information, students and parents are encouraged to follow the instructions under the
Aid Checklist and Timeline.