FCC Increases Universal Service Fund Contribution Fee for Q3

The contribution factor will go up to 34.4 percent from 32.8 percent.

FCC Increases Universal Service Fund Contribution Fee for Q3
Photo by Dmytro Demidko / Unsplash

WASHINGTON, June 13, 2024 – The Federal Communications Commission increased on Wednesday the contribution factor for its Universal Service Fund to 34.4 percent for the third quarter of 2024.

That means the agency will collect 34.4 percent of all interstate end user revenues from voice providers to support the fund. The USF spends about $8 billion each year to support rural broadband infrastructure and internet discounts for low-income households, schools and libraries, and healthcare centers.

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