AMENDMENT DATED JANUARY 12, 2018 TO PRELIMINARY OFFICIAL STATEMENT DATED JANUARY 9, 2018 RELATING TO $10,650,000* CLEMSON UNIVERSITY, SOUTH CAROLINA ATHLETIC FACILITIES REVENUE BONDS SERIES 2018A The Preliminary Official Statement (the “Preliminary Official Statement”) of Clemson University, South Carolina (the “University”) dated January 9, 2018 in reference to its Athletic Facilities Revenue Bonds, Series 2018A (the “Series 2018A Bonds”) has been amended to reflect (i) a lower anticipated par amount of $10,650,000* and a revised anticipated maturity schedule and (ii) that proceeds of the Series 2018A Bonds together with other funds of the University will be used for the purposes of (a) defraying a portion of the costs of planning, developing, constructing and equipping a tennis facility on the campus of the University (the “Tennis Facility Project”), and (b) paying the costs of issuance of the Series 2018A Bonds. The revised anticipated maturity schedule is as follows: May 1 Principal Amount* May 1 Principal Amount* 2022 $ 125,000 2035 $ 430,000 2023 135,000 2036 440,000 2024 265,000 2037 455,000 2025 275,000 2038 455,000 2026 290,000 2039 470,000 2027 305,000 2040 485,000 2028 315,000 2041 500,000 2029 330,000 2042 520,000 2030 350,000 2043 535,000 2031 365,000 2044 560,000 2032 380,000 2045 590,000 2033 395,000 2046 620,000 2034 410,000 2047 650,000 __________________________ * Preliminary, subject to change. In addition, the section of the Preliminary Official Statement entitled, “DEBT STRUCTURE OF THE UNIVERSITY – Future Debt Issuances” located on page 42 of the Preliminary Official Statement has been revised to add the following disclosure: “The University intends to issue approximately $1 million of taxable debt at a future date, in the form of either a public bond issuance or privately-placed bank loan, for the purpose of funding a portion of the Tennis Facility Project.” January 12, 2018. PRELIMINARY OFFICIAL STATEMENT DATED JANUARY 9, 2018 NEW ISSUE RATING: Moody’s: “Aa3” BOOK-ENTRY-ONLY (See “MISCELLANEOUS - Rating” herein) In the opinion of Pope Flynn, LLC, Bond Counsel to the University, under existing law, assuming continuing compliance by the University with certain covenants and the accuracy of certain representations, interest on the Series 2018A Bonds is excluded from gross income for federal income tax purposes and is not an item of tax preference for purposes of the federal alternative minimum tax imposed on individuals. In the opinion of Bond Counsel, the Series 2018A Bonds and the interest thereon are exempt from all State, county, municipal, school district, and other taxes and assessments imposed within the State of South Carolina, except estate, transfer, and certain franchise taxes. See “TAX MATTERS” herein for a description of these and other tax considerations. $11,310,000* CLEMSON UNIVERSITY, SOUTH CAROLINA ATHLETIC FACILITIES REVENUE BONDS SERIES 2018A Dated: January 1, 2018 Due: As shown on the inside cover page. The Athletic Facilities Revenue Bonds, Series 2018A (the “Series 2018A Bonds”) of Clemson University (the “University”) are being issued for the purposes of (i) defraying the costs of planning, developing, constructing and equipping a tennis facility on the campus of the University, and (ii) paying the costs of issuance of the Series 2018A Bonds. See “THE SERIES 2018A BONDS – Purposes,” “- The Tennis Facility Project,” and “- Estimated Sources and Uses of Proceeds” herein for additional details regarding the use of proceeds. The Series 2018A Bonds are issuable as fully-registered bonds in the denomination of $5,000 or any integral multiple thereof in the name of Cede & Co., as nominee of The Depository Trust Company, New York, New York (“DTC”), which will act as securities depository for the Series 2018A Bonds under a book-entry-only system maintained by DTC through brokers and dealers who are, or act through, DTC participants. Purchasers will not be entitled to receive physical delivery of the Series 2018A Bonds. Each beneficial owner of a Series 2018A Bond must maintain an account with a broker or dealer who is, or acts through, a DTC participant in order to receive payment of principal of and interest on such Series 2018A Bond. The Series 2018A Bonds mature in each of the years and in the amounts, and bear interest at the rates as set forth on the inside cover page hereof. Interest on the Series 2018A Bonds is payable semiannually on each May 1 and November 1, commencing May 1, 2018. The Office of the State Treasurer of the State of South Carolina will serve as Trustee for the Series 2018A Bonds. U.S. Bank National Association will serve as the Registrar and Paying Agent for the Series 2018A Bonds. ® The Series 2018A Bonds are subject to redemption prior to maturity as described herein. Capitalized terms used and not otherwise defined on this cover page shall have the meanings given to such terms in the body of this Official Statement and Appendix C attached hereto, to which attention is directed. The Series 2018A Bonds are special obligations of the University and are payable solely from and secured by a pledge of the Net Revenues of the University’s Athletic Department and the gross receipts from the imposition by the University of any Admissions Fee and any Special Student Fee. Such pledge shall be on a parity in all respects with the pledges securing the outstanding Athletic Facilities Revenues Bonds and any additional parity Athletic Facilities Revenue Bonds issued pursuant to the Bond Resolution. THE SERIES 2018A BONDS SHALL NOT IN ANY EVENT CONSTITUTE AN INDEBTEDNESS OF THE STATE WITHIN THE MEANING OF ANY PROVISION, LIMITATION, OR RESTRICTION OF THE CONSTITUTION OR STATUTES OF THE STATE OF SOUTH CAROLINA (OTHER THAN ARTICLE X, SECTION 13 OF THE SOUTH CAROLINA CONSTITUTION AUTHORIZING OBLIGATIONS PAYABLE FROM SPECIAL SOURCES NOT INVOLVING REVENUES FROM ANY TAX). THE FULL FAITH AND CREDIT OF THE STATE OF SOUTH CAROLINA ARE NOT PLEDGED FOR THE PAYMENT OF PRINCIPAL OR INTEREST ON THE SERIES 2018A BONDS. THE UNIVERSITY IS NOT OBLIGATED TO PAY THE SERIES 2018A BONDS, OR THE INTEREST THEREON, SAVE AND EXCEPT FROM THE NET REVENUES AND THE RECEIPTS FROM THE IMPOSITION OF ANY ADMISSIONS FEE AND ANY SPECIAL STUDENT FEE. THE UNIVERSITY DOES NOT HAVE TAXING POWER. This cover page contains certain information for quick reference only. It is not a summary of the issue. Investors should read the entire Official Statement to obtain information essential to the making of an informed investment decision. The Series 2018A Bonds are offered when, as, and if issued and received by the Underwriter, subject to prior sale or to withdrawal or modification of the offer without notice, and to the approval of legality by Pope Flynn, LLC, as Bond Counsel. Certain other legal matters will be passed upon by Howell Linkous & Nettles, LLC, as Disclosure Counsel for the University; and for the University by Chip Hood, Esquire, General Counsel to the University. Hilltop Securities, Inc. has served as Financial Advisor to the University with respect to the Series 2018A Bonds. It is expected that the Series 2018A Bonds will be available for delivery through the facilities of DTC on or about January 30, 2018. Dated: January __, 2018 This Preliminary Official Statement and the information contained herein are subject to completion or amendment without notice. Under no circumstances under qualification shall or registration this to prior Preliminary unlawful be Official would sale Statement or constitutesolicitation, an offer offer, such which in jurisdiction any in Bonds 2018A Series the of sale any be there shall nor buy, to offer an of solicitation the or sell to the securities laws of that jurisdiction. * Preliminary, subject to change. MATURITY SCHEDULE $11,310,000* CLEMSON UNIVERSITY, SOUTH CAROLINA ATHLETIC FACILITIES REVENUE BONDS SERIES 2018A Due Principal Interest Due Principal Interest May 1 Amount* Rate Yield CUSIP† May 1 Amount* Rate Yield CUSIP† 2019 $190,000 2034 $390,000 2020 200,000 2035 405,000 2021 210,000 2036 420,000 2022 220,000 2037 440,000 2023 235,000 2038 455,000 2024 245,000 2039 475,000 2025 255,000 2040 495,000 2026 270,000 2041 515,000 2027 280,000 2042 535,000 2028 295,000 2043 555,000 2029 310,000 2044 585,000 2030 325,000 2045 610,000 2031 345,000 2046 640,000 2032 360,000 2047 675,000 2033 375,000 $____________ ______ % Term Bonds, due May 1, ____, Yield ______%, CUSIP† ________ $____________ ______ % Term Bonds, due May 1, ____, Yield ______%, CUSIP† ________ ____________________________________________ * Preliminary, subject to change. † Copyright, American Bankers Association. CUSIP data herein are provided by Standard & Poor’s, CUSIP Service Bureau, a division of The McGraw-Hill Companies, Inc. The CUSIP numbers listed above are being provided solely for the convenience of Bondholders only at the time of issuance of the Series 2018A Bonds and the University makes no representation with respect to such numbers nor undertakes any responsibility for their accuracy now or at any time in the future. The CUSIP number for a specific maturity is subject to being changed after the issuance of the Series 2018A Bonds as a result of various subsequent actions including, but not limited to, a refunding in whole or in part of such maturity or as a result of the procurement of secondary market portfolio insurance or other similar enhancement by investors that is applicable to all or a portion of certain maturities of the Series 2018A Bonds. For purposes of compliance with Rule 15c2-12 (“Rule 15c2-12”) of the U.S. Securities and Exchange Commission, this document, as the same may be supplemented or corrected by Clemson University (the “University”) from time to time (collectively, the “Official Statement”), may be treated as an “Official Statement” with respect to the Series 2018A Bonds described herein that is deemed final as of the date hereof (or as of the date of any such supplement or correction) by the University.