E-rate provides significant discounts or reimbursements for Internet service, internal connections such as service distribution hardware, service management, cabling, and fiber construction to the premises (last mile). Each funding request must start with a Form 470, which must be initiated during the second-half of the calendar year in order to funded in the next calendar year.  For more details, please see the Calendar for Creating An E-rate Funding Request and the Annual E-rate Cheat Sheet.