This week the SLD issued FY 2005 through FY 2007 funding commitment letters to E-rate applicants and service providers. On June 8th, the USAC Board recommended to the FCC that they set the FY 2006 discount threshold at 86% and according to a Funds For Learning analysis they still have $53 million pending at the 85% discount threshold for priority two services. The SLD has not started to deny those applications as of yet. The SLD will start funding FY 2007 priority two requests at the 90% discount rate in the next couple of waves.
Here is a breakdown of this week’s funding commitments:
- FY 2007 Wave 006 committed $11.7 million; $3.4 billion pending
- FY 2006 Wave 055 committed $537,661; $421 million pending
- FY 2005 Wave 66G committed $632,717; $219 million pending