Universal Service Administrative Company
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The Universal Service Administrative Company is designated as the administrator of the Universal Service Fund (USF) by the Federal Communications Commission. The USAC administers USF programs by providing subsidies for high cost telephone companies serving rural areas, low-income consumers, rural health care providers, and schools and libraries.
USAC is notable for more than $15.5 billion in Schools and Libraries funding commitments it has issued to schools and libraries nationwide through the E-Rate program since 1998. [1] USAC collects contributions from telecommunications providers and distributes more than $7.5 billion annually. It is governed by a board of directors representing various stakeholder interests and carries out rules adopted by the FCC.
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