One hundred and twenty days from the close of the Funding Year 2023 application filing window, USAC has issued $1.75 billion in funding commitments. While significantly higher than the same time period in Funding Year 2019 and prior, 2023’s commitment pace is slightly behind Funding Year 2022:
![](https://www.fundsforlearning.com/wp-content/uploads/2023/07/Total-Committed-Amount-120-Days-From-Window-Close.png)
So far, USAC has processed 46,221 FRNs out of a total of 54,468 for FY2023:
![](https://www.fundsforlearning.com/wp-content/uploads/2023/07/FRN-Processed-120-Days-From-Window-Close.png)