On May 8, 2015, the Federal Communications Commission authorized USAC to fully fund both Category One and Category Two services for Funding Year 2015. In its Public Notice, the FCC notes that “no unused funding from previous years is needed to fully fund category one services. We therefore direct USAC to fully fund eligible category one services under the new cap. We also direct USAC to fully fund eligible category two services, first using as much as $1.575 billion in E-rate funds unused from previous years, and then using any additional funds needed under the new cap to fully meet demand.”
In the FCC’s Second E-rate Modernization Order, the annual funding cap was set to $3.9 billion. For Funding Year 2015, an additional $1.57 billion in unused funds from previous years was available for rollover.