On December 19, USAC issued FY2016 funding wave 26. The wave included a total of $141 million in commitments spread among 1,601 applicants. It was the second week in a row that USAC released a funding wave in excess of $100 million.
Funding commitments this year have been very slow, but USAC has recently taken additional steps to try and speed the process along. Amazingly, nearly 20% of this year’s funding has been released in just the past two weeks.
![](https://www.fundsforlearning.com/docs/2016/12/FY2016%20Funding%20Commitment%20Amounts.png)
Not only has there been a sharp increase in the amount of funding, there has also been a significant jump in the number of applicants and count of funding requests processed.
![](https://www.fundsforlearning.com/docs/2016/12/Number%20of%20Applicants%20Receiving%20FY2016%20E-rate%20Decisions%20by%20Date%20of%20Wave.png)
![](https://www.fundsforlearning.com/docs/2016/12/Count%20of%20FY2016%20Funding%20Decisions%20-%20FRNs%20Funded%20or%20Denied%20by%20Wave.png)