USAC issued another FY2010 funding wave less than a week after Wave 002. In Wave 003, a total of $33.51M was funded with only $.56M denied. This latest funding wave represents 609 applicants with an average funding commitment per applicant of $55,016.43. Out of the 2,388 requests approved, only 66 requests were rejected.
This wave includes commitments for approved Priority One requests only. In total, since the first FY10 wave was issued, USAC has approved $532.43M in E-rate funding commitments.