The latest round of funding decisions brings the amount committed for Funding Year 2008 to $1.49 billion according to an analysis released today by Funds For Learning. Of this total, almost $90 million was committed in the latest wave, which is the 27th dedicated to this funding year.
In terms of dollars, the bulk of remaining requests to be decided by the Schools and Libraries Division is the Priority Two category of Internal Connections. The following table shows the requested amount that remains pending in each service category.
Pending Requests By Service Category (5% Increments)
| Discount % | Telecom Services | Internet Access | Internal Connections | Basic Maintenance |
|---|---|---|---|---|
| 90% | $73,349,485.38 | $33,173,968.36 | $365,743,681.63 | $70,491,987.35 |
| 85% – 89% | $68,617,957.85 | $17,833,598.20 | $462,432,926.00 | $81,541,236.73 |
| 80% – 84% | $141,396,711.58 | $22,614,989.06 | $468,348,633.21 | $57,868,732.03 |
| 75% – 79% | $81,650,539.29 | $15,991,745.97 | $4,048,175.91 | $997,092.03 |
| 70% – 74% | $44,348,319.92 | $15,100,452.33 | $13,623,170.75 | $1,606,760.18 |
| 65% – 69% | $51,325,206.84 | $10,757,551.93 | $325,569.85 | $120,442.88 |
| 60% – 64% | $30,190,496.52 | $9,350,700.07 | $8,888,024.41 | $1,055,883.83 |
| 55% – 59% | $31,622,328.71 | $4,867,533.29 | $2,917,673.78 | $287,573.94 |
| 50% – 54% | $15,575,138.10 | $4,723,189.77 | $3,008,349.59 | $498,305.50 |
| 45% – 49% | $13,813,326.40 | $3,075,539.90 | $361,263.30 | $51,351.98 |
| 40% – 44% | $12,029,346.32 | $5,159,785.28 | $573,679.69 | $139,387.06 |
| 35% – 39% | $1,356,642.47 | $191,021.44 | $0.00 | $0.00 |
| 30% – 34% | $116,528.65 | $230.40 | $0.00 | $0.00 |
| 25% – 29% | $91,962.00 | $10,237.70 | $1,453.22 | $0.00 |
| 20% – 24% | $221,749.99 | $30,114.74 | $12,035.16 | $5,742.00 |
| Total | $565,705,740.02 | $142,880,658.44 | $1,330,284,636.50 | $214,664,495.51 |
Copyright 2008 Funds For Learning, LLC.
To find out more about this week's funding waves, visit the Funds For Learning Wave Reports page.
About Funding Priorities
Each request for E-rate funding falls into one of four service categories—Telecommunications Services, Internet Access Services, Internal Connections, or Basic Maintenance of Internal Connections. Requests in the Telecommunications and Internet Access service categories are given priority over other requests and are called “Priority One” requests. Requests in the remaining categories are assigned a “Priority Two” designation.
The SLD must set aside money for all of the ‘potentially fundable’ Priority One requests received within the application period for a given funding year. Any remaining available money for Priority Two requests is committed to those applicants with the highest discount rate. Priority Two requests are funding for each discount rate percentage until available funding is depleted for the year.
The amount of funding available for a funding year can increase from the allotted $2.25 Billion from the Universal Service Fund for the E-rate program. Unused funds from previous funding years are typically made available to supplement the amount of available funding each year. The SLD is also allowed to issue commitments in excess of actual available funding based on estimated under-utilization by applicants each year.
