Trump Admin Turns Spotlight on Penn Over Years of 'Inaccurate' Foreign Funding Disclosures

The University of Pennsylvania is under federal investigation for filing "inaccurate" disclosures of its foreign funding for years, the Department of Education announced in a Thursday letter.

The department's Office of the General Counsel accused the Ivy League school of submitting "incomplete, inaccurate, and untimely disclosures" to the department in violation of "its foreign source funding statutory disclosure obligations." As a recipient of federal funding, the University of Pennsylvania is required by the Higher Education Act of 1965 to disclose "qualifying foreign source gifts and contracts" worth $250,000 or more.