Office of Financial Aid & Scholarships
The primary purpose of the Student Financial Aid Office is to provide financial assistance to students and parents who family resources are insufficient to meet educational expenses.
Financial aid at Shaw University consist of scholarships, grants, loans and jobs awarded singly or in the form of a "package" to meet a student's financial need. The factor of need is considered for all forms of financial assistance unless otherwise stipulated.
Financial aid is awarded for one year only, upon re-application and demonstrated continued eligibility. The priority deadline for applying for Shaw University administered financial aid is March 1st for the ensuing academic year.
- Early FAFSA and Prior-Prior Year Income: The Federal Government announced in September of 2015 that there will be changes to the FAFSA (Free Application for Federal Student Aid) application process beginning with the 2017-2018 academic year. Beginning with the 2017-2018 FAFSA, the Early FAFSA initiative will allow students to submit their FAFSA beginning October 1 versus January 1. Additionally, instead of being based on the prior year income, beginning with the 2017-2018 FAFSA, students/parents will provide their prior-prior year income on the form. The White House Fact Sheet provides the rationale for these changes.
- Additional Financial Aid Available: If you are a dependent undergraduate student in need of additional financial aid, your parent may apply for a Direct PLUS loan at www.studentloans.gov. Your parent must apply and be credit approved for a Direct Plus Loan.
- FSA Login Changes: The FSA ID, a username and password, has replaced the Federal Student Aid PIN and must be used to log in to certain U.S. Department of Education websites. Your FSA ID confirms your identity when you access your financial aid information and electronically sign Federal Student Aid documents. If you do not already have an FSA ID, you can create one when logging in to fafsa.gov, the National Student Loan Data System (NSLDS®) at www.nslds.ed.gov, StudentLoans.gov, StudentAid.gov, and Agreement to Serve (ATS) at www.teach-ats.ed.gov