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Summer Aid Update: Summer 2024 financial aid will begin paying on your SHSU account balance the week of May 20th.
5/8/2024: Great News Bearkats! 2024-2025 Financial Aid Offers have begun! Please note if your FAFSA has been updated, requirements and offers are subject to change. Monitor your MySam and SHSU email for updates.
How to support Bearkats without
potentially hurting students' financial aid status
Financial Aid is...
- Regulated and audited by the federal government
- Based on a number of factors
- Determined by formula
- Limited based on student circumstances
- Complicated
Financial Aid Comes in Many Forms
Scholarships, grants, net earnings from need-based employment, or loans, including but not limited to...
…any educational benefits paid because of enrollment in a postsecondary education institution, or to cover postsecondary education expenses.
Scenario: Gift Cards/Cash
A campus organization was working with some campus partners on ways in which to help students in crisis. In addition to counseling/academic support, a topic that came up was gift cards/cash for groceries.
Would a gift card/cash be considered financial support and impact a student’s financial aid?
Yes, this can affect financial aid. According to the rules governing financial aid, any support that comes from the campus would be considered estimated financial assistance (EFA) and because the gift cards/cash are due to a student’s postsecondary enrollment, they would have to be incorporated into the calculation of financial aid awards.
How to Support Bearkats
Contribute or request donations specifically designated to the Bearkat Emergency Fund (online donations accepted)
Donate to the SHSU Food Pantry
Contact financial aid to learn more at HelpABearkat@shsu.edu
Download the Printable Version or the Mobile Version.