This bill prohibits an institution of higher education (IHE) from receiving federal education funds if the IHE receives gifts from certain countries.
Specifically, the bill prohibits an IHE from receiving a gift from (1) China, Russia, North Korea, or Iran; or (2) a country that has provided material support to a foreign terrorist organization, as determined by the Department of State.
The bill also requires an IHE, as a condition of eligibility for federal education funds, to report any offer of a gift from such a foreign country.