FCC Announces Carry-Forward Of Unused Schools And Libraries Universal Service Funds For Funding Year 2014
Originally published: May 2, 2014
Last updated: May 8, 2014 - 11:59am
The Universal Service Administrative Company (USAC) submitted projections of demand and administrative expenses for the federal universal service fund for the second quarter of 2014.
According to USAC’s projections, $600 million in unused funds from previous funding years is available to carry forward to increase disbursements to schools and libraries via the E-rate program, more formally known as the schools and libraries universal service program.
On April 17, 2014, USAC submitted an estimate of demand for the E-rate program for Funding Year 2014 (July 1, 2014 to June 30, 2015) of $4.825 billion, which includes estimated demand for priority one services (telecommunications, telecommunications services and Internet access) of $2.630 billion.
The Wireline Competition Bureau announces that $200 million in unused funds will be carried forward to ensure funding is available for all eligible priority one funding requests received from schools and libraries in Funding Year 2014 in excess of the annual cap.
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