On August 1, 2014, the Universal Service Administrative Company (USAC) released their quarter report for the Fourth quarter of 2014. The Schools and Libraries Division (SLD) estimates that they have $400 million from previous years that can be carried forward into Funding Year 2014. The potential carry over funds come from:
- FY 2010: $320 Million
- FY 2011: $80
The FCC will determine at a later date how to use these unused E-rate funds. The Quarterly Report can be viewed here.