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$137M in Jeopardy

October 28, 2022 is an important date – it is the invoice deadline for almost 23,000 E-rate funding requests from Funding Years 2018 through 2021.  As of October 25, 2022, there were $136.7M in committed (approved) E-rate discounts that had not yet been disbursed to applicants or service providers.

Of 22,936 funding requests with the October 28 deadline, more than 1,300 had no funds disbursed as of October 25:

Of the $136.7M committed but not disbursed, approximately $90M of the commitments are on FRNs which had $0 disbursed as of October 25:

Applicants and service providers are strongly encouraged to file all remaining invoices prior to the October 28 deadline.

Analysis
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