1. Short title This Act may be cited as the Postsecondary Student Success Act of 2024 . 2. Purpose It is the purpose of this Act to support evidence-based participation, retention, and completion activities designed to ensure the postsecondary success of high-need students. 3. Definitions In this Act: (1) Completion rate The term completion rate means— (A) the percentage of students from an initial cohort enrolled at an entity that is a 2-year institution who have graduated from the institution or transferred to a 4-year institution of higher education; or (B) the percentage of students from an initial cohort enrolled at an entity in the State that is a 4-year institution who have graduated from the institution. (2) Dual or concurrent enrollment program The term dual or concurrent enrollment program has the meaning given the term in section 8101 of the Elementary and Secondary Education Act of 1965 ( 20 U.S.C. 7801 ). (3) Early college high school The term early college high school has the meaning given the term in section 8101 of the Elementary and Secondary Education Act of 1965 ( 20 U.S.C. 7801 ). (4) Eligible entity The term eligible entity means— (A) a public institution of higher education; (B) a partnership between a nonprofit educational organization and an institution of higher education