; (ii) 2.5, in the case of an individual who is or was enrolled in an undergraduate program of education and has not yet enrolled in a graduate program of education; or (iii) 3.0, in the case of an individual who is or was enrolled in a graduate program of education; and (C) is (or will be) enrolled full-time at an eligible institution. (g) Authorization of appropriations There are authorized to be appropriated to carry out this section $10,000,000 for fiscal year 2020 and each of the 4 succeeding fiscal years. . 3. Cancellation of Federal Perkins Loans for certain part-time public service Section 465(a) of the Higher Education Act of 1965 ( 20 U.S.C. 1087ee(a) ) is amended— (1) in paragraph (2)— (A) in subparagraph (L), by striking or at the end of clause (ii); (B) in subparagraph (M), by striking the period at the end and inserting ; or ; and (C) by inserting after subparagraph (M) the following new subparagraph: (N) described in subparagraphs (A) through (M) that is performed on a part-time basis, as determined in accordance with paragraph (8), provided that the individual performing such service is not engaging in gainful employment other than such eligible part-time service. ; (2) in paragraph (3)(A)— (A) by striking or at the end of clause (ii); (B) by striking the period at the end of clause (iii) and inserting ; or ; and (C) by adding at the end the following new clause: (iv) in the case of service described in subparagraph (N) of paragraph (2), at the rate of 5 percent for the first or second year of such service, 10 percent for the third or fourth year of such service, and 15 percent for the fifth year of such service. ; and (3) by adding at the end the following new paragraph: (8) For the purpose of this section, the term part-time means less than full-time service— (A) for at least 20 hours per week for a complete year