The mission of "Excelencia" in Education is to accelerate Latino student success in higher education. A critical group of institutions enrolling and graduating Latino students are Hispanic-Serving Institutions (HSIs). HSIs are defined as accredited and degree-granting public or private nonprofit institutions of higher education with 25% or more undergraduate Hispanic full-time equivalent (FTE) student enrollment. "Excelencia" developed the eHSI category--institutions with undergraduate FTE Hispanic enrollment of 15-24.9%--to track the growth of potential HSIs. There were 418 Emerging HSIs (eHSIs) in 2023-24, representing 14% of all colleges/universities and enrolling 15% of Latino undergraduates. 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 Latino enrollment grows. The list of emerging HSIs presented in this report was created using data from the Integrated Postsecondary Education Data System (IPEDS).