On August 1, 2014, the Universal Service Administrative Company (USAC) released their quarter report for the Fourth quarter of 2014. The Schools and Libraries Division (SLD) estimates that they have $400 million from previous years that can be carried forward into Funding Year 2014.  The potential carry over funds come from:

  • FY 2010: $320 Million
  • FY 2011: $80

The FCC will determine at a later date how to use these unused E-rate funds.  The Quarterly Report can be viewed here.