; (B) the amount of each subgrant under subsection (e); and (C) with respect to the year for which such report is made, the results of the evaluations under paragraph (1). (h) Authorization of appropriations (1) In general Subject to paragraph (2), there are authorized to be appropriated to carry out this part $150,000,000 for fiscal year 2021 and each of the 5 succeeding fiscal years. (2) Adjustment for inflation (A) In general The amount authorized to be appropriated under paragraph (1) for fiscal year 2022 and each of the 4 succeeding fiscal years shall be deemed increased by the annual adjustment percentage. (B) Definition In this paragraph, the term ‘annual adjustment percentage’, as applied to a fiscal year, means the estimated percentage change in the Consumer Price Index (as determined by the Secretary, using the definition in section 478(f)) for the most recent calendar year ending before the beginning of that fiscal year. . VIII Additional Programs 8001. Ronald V. Dellums memorial STEAM scholars program Part B of title VIII of the Higher Education Act of 1965 ( 20 U.S.C. 1161b ) is amended to read as follows: B Ronald V. Dellums Memorial STEAM Scholars 802. Ronald V. Dellums memorial STEAM scholars program (a) Program authorized (1) Grants for scholarships The Secretary shall award grants under this section to institutions of higher education (as defined in section 101) to provide scholarships to eligible students for the purpose of enabling such students to enter into the STEAM workforce and increasing the number of underrepresented students in STEAM fields. (2) Eligible students A student is eligible for a scholarship under this section if the student— (A) meets the requirements of section 484(a); (B) is an at least half-time student who has completed at least the first year of undergraduate study; (C) is enrolled in a program of undergraduate instruction leading to a bachelor’s degree at the institution with a major in a STEAM field