FSA, in partnership with the Office of the General Counsel (OGC) of ED, is requesting the renewal of Foreign Gifts and Contracts Disclosures, 1845-0172, to continue to collect the required information from institutions of higher education regarding foreign gifts and contracts as specified in the Higher Education Act of 1965 (HEA), as amended. Section 117 of the HEA, codified at 20 U.S.C. § 1011f, provides that institutions of higher education must file a disclosure report with the Secretary of Education by January 31 or July 31, whichever is sooner, under certain circumstances.
In June of 2020, ED established a collection of information, Foreign Gifts and Contracts Disclosures, 1801-0006, through EDâs Partner Enterprise Business Collaboration (PEBC) system. That collection was under an OMB control number for OGC. The PEBC collection provided for collection of the data elements that ED believes are necessary to ensure institutions provide congressionally mandated transparency with respect to covered gifts from and contracts with foreign sources. In June of 2023, a new collection of information, Foreign Gifts and Contracts Disclosures, 1845-0172, was approved with the same PEBC collection portal, with a few minimal changes, but returning the collection of information to FSA. OGC and FSA have worked closely over the course of these previous two information requests. FSA is seeking renewal for substantially the same information collection, utilizing a new, more user-friendly portal located at https://www.foreignfundinghighered.gov.
US Code:
20 USC 1011f
Name of Law: Higher Education Act of 1965, as amended
This is an existing collection process that is being transferred to OGC from FSA to facilitate compliance with Section 117 of the HEA. Although this is a new information collection for OGC, it was previously with OGC from 2020 to 2023. The burden estimate is significantly lower than prior information collection filings because of the improvements made in the functionality of the collection portal which will significantly reduce the burden on institutions. There is an estimated annual burden of 5,206 hours for 267 institutions based on 10,413 responses at .50 hours per response for a total cost of $ 260,220.87.
$78,996
No
No
No
No
No
No
No
Carolyn Rose 202 803-1502
Reginfo record details
No
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.