No Foreign Gifts Act of 2025

This proposed legislation, the "No Foreign Gifts Act of 2025," seeks to amend the Higher Education Act of 1965 by introducing a new section that restricts financial interactions between higher education institutions and specific foreign nations. Under this bill, any institution of higher education that receives federal funding would be prohibited from accepting a gift from a country that has provided material support to a foreign terrorist organization, as determined by the Secretary of State. Additionally, gifts from China, Russia, North Korea, or Iran are explicitly banned. To ensure continued eligibility for federal funds, institutions are mandated to report any offer of a gift from these designated countries to the Secretary of Education. The bill defines "material support" consistent with existing federal law and clarifies "foreign terrorist organization" as an entity designated by the Secretary of State under the Immigration and Nationality Act.