USF fee up from 14.4 to 15.3 percent for 4th Quarter 2011

Rebecca Atwood
Vice President from Charleston, SC
Published: October 1, 2011

The contribution factor for the fourth quarter of 2011 has been set to 15.3 percent.  This is up from the third quarter when it was 14.4%.  The FCC, Congress and the Universal Service Administrative Company (USAC), administers the federal Universal Service Fund (USF). The percentage, also known as the contribution factor must be paid by all telecommunication companies.  The reason behind paying the USF is to offer support to low-income consumers, schools, libraries, rural areas, and much more.