; and (III) provides information regarding the planned use of additional funds to— (aa) improve the quality of a campus-based child care facility; (bb) provide child care subsidies to additional student parents; or (cc) provide support services to student parents. (ii) Maximum amount The increase paid to an eligible institution of higher education under clause (i) for a fiscal year shall not exceed an amount equal to 20 percent of the amount of the annual grant payment received by the institution under paragraph (3)(B) for the fiscal year preceding the fiscal year for which the increase is paid. (iii) Eligible institution of higher education In this subparagraph, the term eligible institution of higher education means an institution of higher education that has received a grant under this section for not less than the period of 3 consecutive fiscal years preceding the fiscal year in which the increase is paid under clause (i). ; (B) in paragraph (3)— (i) in subparagraph (A), by striking 4 years and inserting 5 years ; and (ii) in subparagraph (B), by striking subsection (e)(2) and inserting subsection (e)(3) ; (C) in paragraph (4), by striking exceeds $350,000 and all that follows through the period at the end and inserting exceeds $300,000, except for institutions that are eligible for assistance under title III or V. ; and (D) by striking paragraph (5) and inserting the following: (5) Use of funds Grants funds under this section shall be used by an institution of higher education to support accessible high-quality child care services for low-income parents enrolled in postsecondary education. Grant funds under this section may be used— (A) to support or establish a campus-based child care program primarily serving the needs of low-income students enrolled at the institution of higher education; (B) to provide child care subsidies or a sliding fee scale for low-income student parents; (C) to provide affordable and accessible before and after school services for children of low-income student parents