On August 1, 2025, the Universal Service Administrative Company (USAC) released their Quarterly Report with projections for the fourth quarter of 2025. USAC projects a consolidated operating and capital budget o of $75.59 million for fourth quarter of 2025, with the Schools and Libraries portion at an estimated $22.60 million. USAC further estimates that there is $500 million available to carry-forward to Funding Year 2025 from prior funding years.
The USAC Quarterly Report can be viewed here.