E-Rate:
Wave 40 for FY 2021 was released on Thursday, January 13th, for a total of $32.7 million. Cumulative commitments are now $2.57 billion. Nationwide, USAC has now funded 98% of the FY 2021 applications representing 92% of the requested funding.
ECF:
Wave 7 was released on January 10th for a total of $361 million. Cumulative ECF commitments are now $4.19 billion. Unlike E-rate, for which funding waves are issued weekly, ECF funding waves are being released roughly once a month. ECF invoice payments, also issued in waves, appear to be issued more frequently. Authorized disbursements as of last Friday totaled $101 million, unchanged for the last two weeks.