Section 117 of the Higher Education Act of 1965 (HEA), as amended, provides that institutions of higher education must file a disclosure report with the Secretary of Education under the following circumstances: Whenever any institution is owned or controlled by a foreign source or receives a gift from or enters into a contract with a foreign source, the value of which is $250,000 or more, considered alone or in combination with all other gifts from or contracts with that foreign source within a calendar year, the institution shall file a disclosure report with the Secretary on January 31 or July 31, whichever is sooner. (see https://www.govinfo.gov/content/pkg/USCODE-2017-title20/pdf/USCODE-2017-title20-chap28-subchapI-partB-sec1011e.pdf). This collection of information is necessary to ensure that the Secretary receives sufficient information about gifts or contracts involving a foreign source, or about ownership or control of the institution by a foreign source, to be able to enforce 20 U.S.C. 1011f.
The latest form for Foreign Gifts and Contracts Disclosures expires 2023-04-30 and can be found here.
Document Name |
---|
Supplementary Document |
Justification for No Material/Nonsubstantive Change |
Supporting Statement A |
Approved without change |
No material or nonsubstantive change to a currently approved collection | 2020-06-01 | |
Approved with change |
New collection (Request for a new OMB Control Number) | 2020-02-10 | |
Withdrawn |
New collection (Request for a new OMB Control Number) | 2019-12-16 |