diff --git a/aws_config.go b/aws_config.go
index 4aea2606..5849f52b 100644
--- a/aws_config.go
+++ b/aws_config.go
@@ -20,6 +20,8 @@ import (
 	"github.com/hashicorp/aws-sdk-go-base/v2/internal/constants"
 	"github.com/hashicorp/aws-sdk-go-base/v2/internal/endpoints"
 	"github.com/hashicorp/aws-sdk-go-base/v2/internal/httpclient"
+	"github.com/hashicorp/go-multierror"
+	"github.com/mitchellh/go-homedir"
 )
 
 func GetAwsConfig(ctx context.Context, c *Config) (aws.Config, error) {
@@ -170,9 +172,13 @@ func commonLoadOptions(c *Config) ([]func(*config.LoadOptions) error, error) {
 	}
 
 	if len(c.SharedConfigFiles) > 0 {
+		configFiles, err := expandFilePaths(c.SharedConfigFiles)
+		if err != nil {
+			return nil, fmt.Errorf("error expanding shared config files: %w", err)
+		}
 		loadOptions = append(
 			loadOptions,
-			config.WithSharedConfigFiles(c.SharedConfigFiles),
+			config.WithSharedConfigFiles(configFiles),
 		)
 	}
 
@@ -216,3 +222,23 @@ func commonLoadOptions(c *Config) ([]func(*config.LoadOptions) error, error) {
 
 	return loadOptions, nil
 }
+
+func expandFilePaths(in []string) ([]string, error) {
+	var errs *multierror.Error
+	result := make([]string, 0, len(in))
+	for _, v := range in {
+		p, err := expandFilePath(v)
+		if err != nil {
+			errs = multierror.Append(errs, err)
+			continue
+		}
+		result = append(result, p)
+	}
+	return result, errs.ErrorOrNil()
+}
+
+func expandFilePath(in string) (s string, err error) {
+	e := os.ExpandEnv(in)
+	s, err = homedir.Expand(e)
+	return
+}
diff --git a/aws_config_test.go b/aws_config_test.go
index 04989de7..7dd76c3e 100644
--- a/aws_config_test.go
+++ b/aws_config_test.go
@@ -2350,3 +2350,61 @@ func (r *withNoDelay) RetryDelay(attempt int, err error) (time.Duration, error)
 
 	return 0 * time.Second, nil
 }
+
+func TestExpandFilePath(t *testing.T) {
+	testcases := map[string]struct {
+		path     string
+		expected string
+		envvars  map[string]string
+	}{
+		"filename": {
+			path:     "file",
+			expected: "file",
+		},
+		"file in current dir": {
+			path:     "./file",
+			expected: "./file",
+		},
+		"file with tilde": {
+			path:     "~/file",
+			expected: "/my/home/dir/file",
+			envvars: map[string]string{
+				"HOME": "/my/home/dir",
+			},
+		},
+		"file with envvar": {
+			path:     "$HOME/file",
+			expected: "/home/dir/file",
+			envvars: map[string]string{
+				"HOME": "/home/dir",
+			},
+		},
+		"full file in envvar": {
+			path:     "$CONF_FILE",
+			expected: "/path/to/conf/file",
+			envvars: map[string]string{
+				"CONF_FILE": "/path/to/conf/file",
+			},
+		},
+	}
+
+	for name, testcase := range testcases {
+		t.Run(name, func(t *testing.T) {
+			oldEnv := servicemocks.StashEnv()
+			defer servicemocks.PopEnv(oldEnv)
+
+			for k, v := range testcase.envvars {
+				os.Setenv(k, v)
+			}
+
+			a, err := expandFilePath(testcase.path)
+			if err != nil {
+				t.Fatalf("unexpected error: %s", err)
+			}
+
+			if a != testcase.expected {
+				t.Errorf("expected expansion to %q, got %q", testcase.expected, a)
+			}
+		})
+	}
+}
diff --git a/credentials.go b/credentials.go
index 06c33724..66ee896f 100644
--- a/credentials.go
+++ b/credentials.go
@@ -41,9 +41,13 @@ func getCredentialsProvider(ctx context.Context, c *Config) (aws.CredentialsProv
 		)
 	}
 	if len(c.SharedCredentialsFiles) > 0 {
+		credsFiles, err := expandFilePaths(c.SharedCredentialsFiles)
+		if err != nil {
+			return nil, fmt.Errorf("error expanding shared credentials files: %w", err)
+		}
 		loadOptions = append(
 			loadOptions,
-			config.WithSharedCredentialsFiles(c.SharedCredentialsFiles),
+			config.WithSharedCredentialsFiles(credsFiles),
 		)
 	}
 
diff --git a/go.mod b/go.mod
index 1410a8f3..38bbf221 100644
--- a/go.mod
+++ b/go.mod
@@ -10,6 +10,7 @@ require (
 	github.com/aws/smithy-go v1.10.0
 	github.com/google/go-cmp v0.5.7
 	github.com/hashicorp/go-multierror v1.1.1
+	github.com/mitchellh/go-homedir v1.1.0
 )
 
 go 1.16
diff --git a/go.sum b/go.sum
index f6188c52..5ea0f28c 100644
--- a/go.sum
+++ b/go.sum
@@ -33,6 +33,8 @@ github.com/hashicorp/go-multierror v1.1.1 h1:H5DkEtf6CXdFp0N0Em5UCwQpXMWke8IA0+l
 github.com/hashicorp/go-multierror v1.1.1/go.mod h1:iw975J/qwKPdAO1clOe2L8331t/9/fmwbPZ6JB6eMoM=
 github.com/jmespath/go-jmespath v0.4.0/go.mod h1:T8mJZnbsbmF+m6zOOFylbeCJqk5+pHWvzYPziyZiYoo=
 github.com/jmespath/go-jmespath/internal/testify v1.5.1/go.mod h1:L3OGu8Wl2/fWfCI6z80xFu9LTZmf1ZRjMHUOPmWr69U=
+github.com/mitchellh/go-homedir v1.1.0 h1:lukF9ziXFxDFPkA1vsr5zpc1XuPDn/wFntq5mG+4E0Y=
+github.com/mitchellh/go-homedir v1.1.0/go.mod h1:SfyaCUpYCn1Vlf4IUYiD9fPX4A5wJrkLzIz1N1q0pr0=
 github.com/pmezard/go-difflib v1.0.0/go.mod h1:iKH77koFhYxTK1pcRnkKkqfTogsbg7gZNVY4sRDYZ/4=
 github.com/stretchr/objx v0.1.0/go.mod h1:HFkY916IF+rwdDfMAkV7OtwuqBVzrE8GR6GFx+wExME=
 golang.org/x/xerrors v0.0.0-20191204190536-9bdfabe68543 h1:E7g+9GITq07hpfrRu66IVDexMakfv52eLZ2CXBWiKr4=
diff --git a/v2/awsv1shim/go.sum b/v2/awsv1shim/go.sum
index 72b4cc3b..509fea30 100644
--- a/v2/awsv1shim/go.sum
+++ b/v2/awsv1shim/go.sum
@@ -38,6 +38,8 @@ github.com/jmespath/go-jmespath v0.4.0 h1:BEgLn5cpjn8UN1mAw4NjwDrS35OdebyEtFe+9Y
 github.com/jmespath/go-jmespath v0.4.0/go.mod h1:T8mJZnbsbmF+m6zOOFylbeCJqk5+pHWvzYPziyZiYoo=
 github.com/jmespath/go-jmespath/internal/testify v1.5.1 h1:shLQSRRSCCPj3f2gpwzGwWFoC7ycTf1rcQZHOlsJ6N8=
 github.com/jmespath/go-jmespath/internal/testify v1.5.1/go.mod h1:L3OGu8Wl2/fWfCI6z80xFu9LTZmf1ZRjMHUOPmWr69U=
+github.com/mitchellh/go-homedir v1.1.0 h1:lukF9ziXFxDFPkA1vsr5zpc1XuPDn/wFntq5mG+4E0Y=
+github.com/mitchellh/go-homedir v1.1.0/go.mod h1:SfyaCUpYCn1Vlf4IUYiD9fPX4A5wJrkLzIz1N1q0pr0=
 github.com/pkg/errors v0.9.1/go.mod h1:bwawxfHBFNV+L2hUp1rHADufV3IMtnDRdf1r5NINEl0=
 github.com/pmezard/go-difflib v1.0.0 h1:4DBwDE0NGyQoBHbLQYPwSUPoCMWR5BEzIk/f1lZbAQM=
 github.com/pmezard/go-difflib v1.0.0/go.mod h1:iKH77koFhYxTK1pcRnkKkqfTogsbg7gZNVY4sRDYZ/4=