HSIs (Hispanic Serving Institutions) are defined in federal law as accredited and degree-granting public or private nonprofit institutions of higher education with 25 percent or more total undergraduate Hispanic full-time equivalent (FTE) student enrollment. Excelencia developed the Emerging HSI category--institutions with undergraduate FTE Hispanic enrollment of 15- 24.9%--to track the growth of potential HSIs. There were 352 Emerging HSIs in 2018-19. While Emerging HSIs do not have the Latino student enrollment required to meet the definition of an HSI, these institutions may soon meet the criteria as their enrollment grows and Latino representation increases. The list of emerging HSIs presented in this report was created using data from the Integrated Postsecondary Education Data System (IPEDS). [For the 2016-17 report, see ED627438.]