The good news for the highest discount applicants is that USAC has notified the FCC that it has identified a total of $1.05 billion which are available to carry forwardfor E-Rate funding into subsequent funding years.
Wave 3 for FY 2012 was released July 17, for $25.8 million. This brought cumulative FY 2012 funding to $734 million. As is typically the case for early funding waves, only Priority 1 applications werebeing funded at thetime.
The good news for the highest discount applicants is that USAC has notified the FCC that it has identified a total of $1.05 billion which are available to carry forward for E-Rate funding into subsequent funding years. If the FCC approves the full amount for carry-over into FY 2012, USAC believes that "such funds would be sufficient to make commitments at the 90% level for Priority 2 requests."
Wave 52 for FY 2011 will be released on Wednesday, July 18, 2012. Cumulative funding for FY 2011 is $2.25 billion. Priority 2 funding is being provided at 89% and above, and denied at 80% and below.
Wave 98 for FY 2010 is scheduled for release on Monday, July 16th, for $13.8 million. Cumulative funding for the year is $3.05 billion. Priority 2 funding is being provided at all discount levels.
Looking ahead to FY 2013, USAC has updated the online Form 470 to make 2013 the default funding year.