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Controller's Office

Wells Fargo Campus Card Information

The Department of Education Cash Management regulations 34 CFR 668.164(d)(4)(i)(B)(2) require institutions participating in Tier 2 banking arrangements to list and identify the major features and commonly assessed fees as well as a URL for the of each financial account offered under the arrangement.

In 2022, the feature that allowed new TigerOne card holders to link their University ID card to a Wells Fargo checking account was discontinued.

Clemson University, through JMI Sports, has a Tier 2 arrangement with Wells Fargo in which the University has received approximately $105,000 from Wells Fargo from July 2018 through June 2022.

Bank Account Disclosure

Wells Fargo Campus Card Agreement

 

 

Clemson University & Wells Fargo Campus Card Agreement

For the Award Year Period of July 1, 2022 - June 30, 2023
Total number of student customers with linked accounts 627
Annual mean linked account costs incurred $11.15
Annual median linked account costs incurred $0
Total consideration received by Clemson University $75,000