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Cost of attendance can also include reasonable amounts for study-abroad programs and
personal computers.
e-statement
This electronic document reflects all financial activity and balance due (if any) and is sent
to students via iROAR the first business day of the month.
eCheck
An electronic check (eCheck) is a direct debit to a checking account. When making an
eCheck payment, you must provide your routing number and account number. There is no
convenience fee associated with an eCheck. This is Clemson’s preferred payment method.
e-refund
This is an electronic refund, which allows students to receive funds in excess of tuition and
fees via direct deposits. Students can sign up for e-refunds by logging into their student bill
via iROAR.
Financial Aid
This is money given or loaned to help pay for college. Financial aid can come from federal
and state governments, colleges, and private and social organizations.
Free Application for Federal Student Aid (FAFSA)
The FAFSA is a free application form a student submits to apply for federal financial aid. It is
required for all students seeking federal student grants, work-study programs and loans. Most
colleges require it as well. The FAFSA may also be used to determine if your student qualifies
you for state-sponsored financial aid.
Federal School Code (also, Title IV Institution Code)
Each college, campus or program has a six-character institution code. A code related to each of
your college applications must be included when filling out a FAFSA. These codes are available
by contacting the school or checking an online listing. Clemson’s code is 003425.
Priority Date
This is the date by which your application, whether it’s for college admission, student housing
or financial aid, must be received to be given the strongest consideration. Since financial aid
is often limited, meeting the priority date is important to be eligible to receive funds.
Need-Based Financial Aid
This form of financial aid (grants, scholarships, loans and work-study opportunities) is given
to students in financial need, who are not able to pay the full cost of attending a certain college.
Expected Family Contribution (EFC)
EFC is a measure of the student and their family’s financial strength. States and colleges use
this number to help determine the financial aid award. The EFC is calculated according to
a formula established by federal law using the financial information and circumstances
supplied in the FAFSA.
Student Aid Report (SAR)
After submitting the FAFSA, you will get a Student Aid Report (SAR) that gives you some
basic information about your EFC and eligibility for federal student aid.
Estimated Financial Assistance (EFA)
This is the estimated amount of financial aid the student may expect from federal, state,
school or other sources (including grants, loans or need-based work programs).