May 21: The FCC has decided to drop the fee it currently charges for applying for (and renewing) a vanity call sign! In a recent notice the FCC explained that it is a simple question of economics: in short, it costs the FCC more to process the fees than the fees themselves bring in!
This is easier to understand when you consider that not only do they have to manage the fees, keep track of them, collect them, pay for processing, etc, they also have to refund fees for people who apply for a call sign and don’t get it.
The change will not go into effect until congressional notice is given, which will require at least 90 days.
For more information check out this in-depth coverage at arrl.org.