Section 117 of the Higher Education Act of 1965 (HEA) requires institutions of higher education that offer a bachelor’s degree or higher, or that offer a transfer program of not less than two years that is acceptable for credit towards a bachelor’s degree, and receive federal financial assistance to disclose semiannually to the U.S. Department of Education any gifts received from and contracts with a foreign source that, alone or combined, are valued at $250,000 or more in a calendar year. The reporting threshold is when gifts and contracts, alone or combined with other gifts and contracts from the same foreign source, have a value of $250,000 or more in a calendar year period. Gifts:Contracts:In 2020, USDE explicitly stated foreign source contracts include tuition for students paid by a foreign source, intellectual property license fees from a foreign licensee, and data or materials sold, leased, or bartered to a foreign source.