Join us for a free 60-minute webinar on Section 117 of the Higher Education Act: Basics of Foreign Gift and Contract Reporting for Institutions of Higher Education. This session will provide an overview of requirements for reporting foreign gifts and contracts under Section 117 of the Higher Education Act. With the semiannual reporting deadline approaching and heightened administration focus on compliance by institutions of higher education (IHEs) in a range of areas, this webinar is intended to assist IHEs in understanding the basics of Section 117 reporting, as well as how to comply with some of the more nuanced aspects of the statute’s requirements.

The webinar will address the following:

• Definition of “foreign source” 

• Reporting of gifts

• Reporting of contracts

• Restricted and conditional gifts and contracts

• Avoiding possible underreporting

• Importance of Section 117 policies and procedures

The session will be led by Lisa Wells Harris, Of Counsel at Sligo Law Group. Lisa coordinated a team of attorneys working to collaboratively resolve investigations into the reporting of foreign gifts and contracts under Section 117 while serving in the U.S. Department of Education’s Office of General Counsel.