From The Atlantic:

As part of the White House’s ConnectEd initiative, Apple, Microsoft, Sprint, and Verizon are contributing over $750 million worth of services and funds to schools, including iPads, MacBooks, the Office suite, and wireless Internet. This contribution is in addition to the Federal Communication Commission’s (FCC) plans to increase funds dedicated to bringing broadband Internet connections to all schools and libraries to $2 billion. Overall, the ConnectEd initiative could cost between $4 billion and $6 billion and it is not yet clear where the money beyond that pledged by the FCC and the private sector will come from.