E-Rate for FY 2023:
USAC issued Wave 4 for FY 2023 on Thursday, May 18th, for $62.2 million. Total funding after four waves is $1.20 billion. At this point, USAC has already funded 71.7% of the originally submitted applications representing 39.7% of the dollars requested.
In a Public Notice released last Friday, the FCC directed USAC to fully fund all valid Category 1 and Category 2 funding requests for FY 2023. With a funding cap of $4.768 billion, plus an additional $250 million in roll-over funding, and a USAC demand estimate of only $2.944 billion — not to mention the four funding waves already released — the announcement was a mere formality.
ECF for 2021-2023:
Total commitments for all three ECF windows are $6.67 billion. Nationwide, USAC has funded 87.9% of the ECF applications representing 68.0% of the requested funding. Window 3 applications are being funded down to the 65% rural band. Total disbursements as of May 11th were $3.17 billion.