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FY2016 Hits $1B Disbursement Milestone

On June 30, 2017, the SLD reached $1 billion in payments for FY2016. In comparison to FY2015 before the SLD launched the E-rate Productivity Portal (EPC) for stakeholders to utilize, FY2015 hit a record pace. This important disbursement mark was achieved in early May 2016. There are still 864 applicants awaiting a funding decision for FY2016 totaling $180 million and while the commitment and disbursement bar are pretty low for FY2016, the SLD has only slightly improved its commitment rate so far in FY2017.
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