USAC is releasing new funding commitments at a pace four times faster than during the same period last year. In the second quarter of 2017, $666 million was committed to applicants. By comparison, only $149 million was committed in the second quarter of 2016.
![](https://www.fundsforlearning.com/docs/2017/06/E-rate%20Funds%20Committed%20by%20Calendar%20Year%20&%20Quarter.png)
More than half of the funds committed in the second quarter were backlogged Funding Year 2016 requests.
![](https://www.fundsforlearning.com/docs/2017/06/Committed%20E-rate%20Funds%20Calendar%20Year%202017%20Q2.png)
USAC missed its September 1, 2016, deadline to release FY2016 funding commitments; however, in recent months, the pace of FY2016 commitments has increased significantly. As of this week, a total of $2.77 billion has been committed for FY2016 with a total of $242 million in requests still pending.