; (4) $1,237,650,000 for fiscal year 2022; (5) $1,287,600,000 for fiscal year 2023; (6) $1,338,660,000 for fiscal year 2024; (7) $1,359,750,000 for fiscal year 2025; (8) $1,449,660,000 for fiscal year 2026; (9) $1,508,490,000 for fiscal year 2027; and (10) $1,569,540,000 for fiscal year 2028 and each succeeding fiscal year. (b) Availability Funds appropriated under subsection (a) are to remain available to the Secretary until expended. (c) Insufficient funds If the amount appropriated under subsection (a) for a fiscal year is not sufficient to award each participating institution in the grant programs under sections 499H and 499I a grant under this part equal to 100 percent of the grant amount determined under section 499H(c), the Secretary may ratably reduce the amount of each such grant or take other actions necessary to ensure an equitable distribution of such amount. . V Developing Institutions 5001. Hispanic-serving institutions (a) Authorized activities Section 503(b) of the Higher Education Act of 1965 ( 20 U.S.C. 1101b(b) ) is amended— (1) by redesignating paragraph (16) as paragraph (17); and (2) by inserting after paragraph (15) the following: (16) Promoting opportunities for international education, including through the development of partnerships with institutions of higher education outside the United States. . (b) Endowment funding limitations Section 503(c) of the Higher Education Act of 1965 ( 20 U.S.C. 1101b(c) ) is amended— (1) in paragraph (2)— (A) by striking non-Federal funds and inserting non-Federal funds (which may include gifts to the endowment fund restricted for a specific purpose) ; and (B) by striking equal to or greater than and inserting equal to 50 percent of