Safeguarding American Education From Foreign Control Act

HR 2778 requires U.S. colleges and universities receiving foreign gifts or contracts to disclose these to the Department of Education. Institutions must report if a gift or contract from a foreign source equals or exceeds $250,000 (or any amount from nations designated as "covered nations") annually. The Department must then share these reports with the FBI and National Intelligence Director within 10 days of receipt. This bill directly affects higher education institutions receiving foreign funding, adding new disclosure requirements and federal agency oversight to monitor potential foreign influence.