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SLD to Deny FY 2006 Priority Two Requests at the 82% Discount Threshold

This week the USAC Schools and Libraries Committee held a non-quarterly board meeting and due to demand and available funds recommended to the FCC that they deny priority two requests at 84% and below.  However, at this point, the FCC has approved the denial of priority two discounts at the 82% discount threshold.

In the next couple of weeks the SLD will start issuing FY 2006 funding waves in which they will start to fund priority two applications at the 86%.  There is $73 million in priority two requests pending at the 86% level.  Hopefully because of the 2-5 rule, limits on transferability and use of rollover funds, we will start to see the priority two discount threshold go down below 80% in future years.

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