Increased Transparency for Foreign Funding in Higher Education
New rules enhance oversight of foreign gifts and contracts to U.S. higher education institutions, especially from designated adversarial countries. Universities will need to disclose more information about such transactions, aiming to protect national interests and ensure foreign influence does not harm research or education. Citizens can expect greater transparency in higher education funding.
Key points
Universities must report gifts and contracts of $50,000 or more from foreign sources, including those from designated adversarial countries.
Information about these disclosures will be made publicly available online, increasing transparency in university funding.
Institutions knowingly violating these rules may lose access to federal funds, with some exceptions for student aid programs.
The list of adversarial countries includes China, Russia, North Korea, and Iran, and the Secretary of State can add more.
Expired
Additional Information
Print number: 117_S_2593
Sponsor: Sen. Rubio, Marco [R-FL]
Process start date: 2021-08-03