No Contracts with Foreign Adversaries Act

This bill would prevent colleges and universities from entering into contracts with countries designated as foreign adversaries—including China, Russia, Iran, and North Korea—or with companies owned or controlled by these countries. Institutions wanting to sign such contracts would need to request a waiver from the Department of Education at least 120 days in advance. The department would have to notify Congress about any approved waivers and explain why they were granted. Waivers would generally last one year and could be renewed.

If enacted, colleges that already have existing contracts with these foreign entities would have 30 days to request waivers or face penalties. The bill would authorize the Department of Education to investigate violations and impose sanctions, potentially including loss of federal student financial aid eligibility for non-compliant institutions. This could affect students at those schools by limiting their access to federal funding for tuition and other educational expenses.

The bill is currently in the House and has been referred to committee for consideration. It has not yet been voted on by the full chamber.