• PY2 funding update
• Form 471 Window

The following is a summary of the E-rate news for the week of November 8, 1999, prepared by E-Rate Central. Official SLD news appears in the "What’s New!" section of the SLD’s web site. Additional information and interpretations appear elsewhere on this web site.

PY2 funding update

Wave 19 of Funding Commitment Decisions ("FCD") Letters for program year two ("PY2") is scheduled to be mailed today. The wave totals approximately $110 million, including $9.1 million for New York State applicants. The latest wave brings PY2 funding to $1.85 billion.

The SLD expects that there will be one more funding wave (followed, perhaps, by a series of funding "ripples" dealing with a limited number of problem applications).

There is a chance that there will be enough funding in PY2 to fund applications that were received outside of last year’s window. It is expected that the SLD will decide on this issue after evaluating funds left over after Wave 20 as well as any rollover of funds from PY1.

The SLD does not have any process in place yet to work with applicants that haven’t heard anything on their PY2 funding requests. It is expected that a process will be put in place after Wave 20 is announced next week.

Form 471 Window

The Form 471 filing window opened on Wednesday, November 10, 1999. This means that schools and libraries can now file their Form 471s online or by mail. The window closes at midnight on January 19, 2000. All applications received within the window will be treated as if they arrived on the same day. Remember that you must file a Form 470 28 days before filing a Form 471.