Status of the NTIA $40 Coupon Program

by DeeNice on August 11, 2009

Status of the NTIA $40 Coupon Program

PUBLIC INFORMATION

Households Approved 12,961,063
Coupons Requested+ 24,358,295
Coupons Mailed+ 22,923,599
Coupons Expired 6,965,440
Coupons Redeemed+ 8,718,990
Coupons Active+ 7,239,169
Total Funds Committed+ $695,363,546
Total Funds Available+** $644,636,454

Funds Settled+ $332,233,899
Average Daily Orders YTD 104,987
Average Daily Orders Last 30 Days 109,174
Average Daily Orders Last Week 109,699
Redemption Rate 48.3%
Retailers/Locations 2,477 / 28,142
Phone/Online Retailers 13 / 34
Converters/Pass-through 142 / 66
*Data thru 8/19/08

As July 31 was the end of requesting the $40 coupons the redemption process continues.

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