; and (ii) is in good standing with respect to the loans referred to in clause (i); and (B) agrees to— (i) serve as an early childhood educator with a qualified employer for a period of not less than 5 years; and (ii) make timely payments with respect to the loans described in subparagraph (A)(i). (2) The term qualified employer means a childcare provider that receives or is eligible to receive vouchers or assistance under the Child Care and Development Block Grant Act of 1990. (g) Authorization of appropriations There are authorized to be appropriated to carry out this section $25,000,000 for each of fiscal years 2021 through 2026. . 4. Grants for early childhood educators (a) In general Beginning not later than 180 days after the date of the enactment of this Act, the Secretary of Education (referred to in this section as the Secretary ) shall carry out a program under which the Secretary makes payments to institutions of higher education with a qualified early childhood educator program to enable such institutions to make grants, on a competitive basis, to eligible individuals who file an application and agreement in accordance with subsections (b) and (c). (b) Applications (1) In general The Secretary shall periodically set dates by which eligible individuals shall file applications for a grant under this section. Each eligible individual desiring a grant under this section shall file an application containing such information and assurances as the Secretary may determine necessary to enable the Secretary to carry out the functions and responsibilities of this section. (2) Renewal A grant awarded under this section may be renewed for additional one-year periods if— (A) the recipient submits a renewal application containing such information and assurances as the Secretary may determine necessary