The USAC Schools and Libraries Committee met this week and is recommending to the FCC that they have enough funds to cover FY 2009 priority two applications at 78% and above. It typically takes a few weeks before the FCC approves USAC’s recommendations for lowering the discount threshold.
With this decision, that will leave 70-77% discount still in pending determination for FY 2009. According to a Funds For Learning analysi,s there is approximately $38 million pending in priority two applications between those discount rates.