No. The Student Effort is not a billed amount and does not appear on the Yale billing statement. The Student Effort is Yale's estimate of a student's ability to contribute toward her/his total Cost of Attendance, which includes both billed (direct) expenses and unbilled (indirect) expenses.
Because the standard Student Effort is higher than Yale's estimated unbilled (indirect) expenses, most students use a small amount of their Student Effort funds toward billed expenses. The remaining part of the Student Effort is then used toward indirect (unbilled) expenses such as travel, books, and personal expenses. If students find that their indirect costs are lower than Yale's estimates, they may earn or contribute less than the Student Effort amount. Funds from merit-based outside scholarships and/or education loans may also reduce the Student Effort.