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US colleges 'massively' underreport foreign funding, says Trump admin

The Education Department released the report amid its effort to enforce a 1986 law requiring US universities to disclose gifts and contracts of $250,000 or more from foreign sources

US Colleges, US universities
The findings are primarily based on investigations it has opened at 12 schools, including Harvard (pictured) & Yale | Photo: Reuters
Press Trust of India Washington
2 min read Last Updated : Oct 22 2020 | 12:51 AM IST
A scathing report from the Trump administration on Tuesday concluded that top US universities have “massively underreported” funding they accept from China, Russia and other nations described as “foreign adversaries.”
 
The Education Department released the report amid its effort to enforce a 1986 law requiring US universities to disclose gifts and contracts of $250,000 or more from foreign sources. After going decades with little federal oversight, the law has become a priority for the Trump administration amid concerns over economic espionage and trade secret theft from abroad.
 
The department's findings are primarily based on investigations it has opened at 12 schools, including Harvard, Yale, Stanford and Georgetown universities. Federal officials began investigating the schools amid suspicion that they had failed to report millions of dollars in gifts and contracts from sources in China, Russia, Saudi Arabia, and Qatar.
 
According to early findings in the report, most of the 12 schools have had financial dealings with Huawei, the Chinese tech giant that some US officials say is a threat to national security, and at least one had ties directly to the Chinese Communist Party. Others had deals with the Russian government and institutions in Saudi Arabia and Qatar

Topics :US universitiesTrump administrationforeign funding