On March 24, 2010, USAC asked the FCC for approval to start issuing priority one funding waves for FY2010 and the first wave of funding commitment decision letters will be issued on May 26. This wave will be the largest wave since the inception of the program and will commit $429 million in support. USAC will send out 18,200 funding commitment decision letters and according to the USAC announcement, “…this [wave] represents over 40% of all applications that were received by the filing deadline…”
According to a Funds For Learning analysis, here is a breakdown of the dollar amount committed in the first funding wave since FY2005:
- FY2009 – $133,200,507.21
- FY2008 – $346,339,170.81
- FY2007 – $197,386,274.66
- FY2006 – $125,030,288.75
- FY2005 – $256,262,531.93
The USAC FY2010 First Wave Announcement can be viewed on USAC's website.