(GENERAL-23-02) Reminder – Reporting Deadline for Section 117 of the Higher Education Act of 1965 and Comment Period for Notice of New Information Collection Request

Author
Federal Student Aid
Electronic Announcement ID
GENERAL-23-02
Subject
Reminder – Reporting Deadline for Section 117 of the Higher Education Act of 1965 and Comment Period for Notice of New Information Collection Request

Reporting Deadline

Section 117 of the Higher Education Act of 1965, as amended (20 U.S.C. 1011f), provides that institutions of higher education (IHEs) must file a disclosure report with the Secretary of Education whenever the 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 next date by which IHEs must submit disclosure reports is Tuesday, Jan. 31, 2023. The January reporting deadline is established by statute. The failure to comply with the reporting requirement could result in an enforcement action.

The reporting portal for the required Section 117 disclosure reports is located at https://partners.ed.gov/ForeignGifts.

Comment Period

On Dec. 27, 2022, we issued a Federal Register Notice of Agency Information Collection Activities; Comment Request; Foreign Gifts and Contracts Disclosures, published at 87 FR 79272, proposing a new information collection request (ICR) related to Section 117. Interested parties are invited to submit comments on or before Monday, Feb. 27, 2023. The instructions for submission of comments are included in the Notice.

Contact Information

For any technical questions or access issues related to the Section 117 reporting portal, contact us by email at ForeignGiftsAccess@ed.gov.

For all other questions related to Section 117, contact us by email at ForeignSourceReporting@ed.gov.