Michael Jackson has said that it is a privilege to be appointed the club's manager until the end of the season.
The 40-year-old had taken charge on a temporary basis following the resignation of Graham Turner last month.
"It's an honour - I've worked long and hard to get to this point," he told BBC Radio Shropshire.
"It is a privilege to be given the opportunity, to take it to at least the end of the season.
"It gives us more time to work with the players, and to achieve what the whole club is trying to do, which is stay in this division."
Shrewsbury, who sit 23rd in the League One table, travel to relegation rivals Notts County on Saturday.