Despite the recent growth of literature on multiracial college students, there is still limited understanding about multiracial students at Minority-Serving Institutions (MSIs). This qualitative study explores the interplay of racialized identity and the unique contexts of Hispanic-Serving Institutions (HSIs) using data from eight multiracial students attending two HSIs in the Midwest. Findings explore how students made sense of their multiracial identities within specific ecological contexts of HSIs, including a mesosystem of diversity and inclusion and an exosystem of Latinidad. Overall, multiracial students generally felt included and provide a promising platform to better understand the unique positioning of HSIs in serving an increasingly diverse student body.