### Question
Can you define what gift means?


### Answer
**Gift** is defined as the following in *20 U.S.C. § 1094*:

> any gratuity, favor, discount, entertainment, hospitality, loan, or other item having a monetary value of more than a de minimus amount

#### Citation:
  - *20 U.S.C. § 1094*
  - Heading: **CHAPTER 28-HIGHER EDUCATION RESOURCES AND STUDENT ASSISTANCE > SUBCHAPTER IV-STUDENT ASSISTANCE > Part G-General Provisions Relating to Student Assistance Programs**

