On July 6, 2020, the FCC issued a Public Notice authorizing USAC to fund all eligible applications filed for Funding Year 2020. FY2020 requested amounts total approximately $2.91B, well under the available funding of approximately $4.8B (comprised of the annual funding cap of $4.3B as well as $500M in rollover funds.)
 
The FCC’s Public Notice may be found here.