The source system of record for Foreign Gift data is the Postsecondary Education Participants System (PEPS).  In existence since 1995, PEPS serves as Federal Student Aid’s system of record for eligibility and oversight of Title IV.  The enclosed report contains data prior to 1995, in these cases the data was migrated over to PEPS from preexisting systems.  The report was prepared on February 13, 2008 and formulated utilizing Excel.

All domestic institutions that receive any Federal financial assistance (directly or indirectly) and that offer a bachelor’s degree or higher, or that offer a transfer program of not less than two years that is acceptable for credit toward a bachelor’s degree are required to report such Foreign Gifts.  An institution must submit a report if the total of all gifts from and contracts with a foreign source exceeds $250,000 in any calendar year or it is owned or controlled by a foreign source.  An institution must report no later than the January 31 or July 31, whichever is sooner, that immediately follows the activity that triggers the need for a report.

The enclosed report provides a complete listing of all Foreign Gifts reported and reviewed.  There may be some instances of Foreign Gift reporting that are tied to pending applications currently undergoing review.  The data contained within this report would not include data from a pending application.

The report is sorted by “State”, “School Name” and “Gift Received Date”.  The report provides the following fields:

• SCHOOL NAME – Official Name of the Institution.
• CITY – City in which the Institution is physically located.
• STATE – State Code in which the Institution is physically located.
• GIFT RECEIVED DATE – Date in which the Institution received the contract(s) or gift(s).  (NOTE – In cases of where the Date state “01/01/1500” this is used as a fill date for when such date is unknown.)
• GIFT AMOUNT – Aggregate dollar amount of such gifts and contracts attributable to a particular country.
• GIFT TYPE – Indicates if the data pertains to a “Monetary Gift” or “Contract”.
• COUNTRY OF GIFTOR – The foreign country in which the contract(s) or gift(s) are attributable to.
• GIFTOR NAME – Name of the individual/entity in which the contract(s) or gift(s) are attributable to.  (NOTE – There are several blanks found within this field, most are for older data however a few instances have been found for some recent submissions.)