; (iii) developing statewide standards for placement in postsecondary remedial coursework based on multiple indicators, which may include grade point average, college preparatory high school courses completed, and performance assessments; (iv) developing a formal, universal statewide articulation agreement among all public institutions of higher education or systems in each State within the eligible entity in which all local educational agencies within each State within the eligible entity may participate that guarantees— (I) students who earn postsecondary credit as part of an early college fast track pathway are able to transfer such credit to— (aa) any public institution of higher education in the State, and that such credits will count toward meeting specific degree or certificate requirements; and (bb) any private nonprofit institution of higher education or public institution of higher education located in another State that chooses to participate in the articulation agreement; (II) all relevant credits are recognized throughout the public system of higher education in the State and count as credits earned for both a regular high school diploma and for a degree or certificate program at a public institution of higher education in the State and at any private nonprofit institution of higher education or public institution of higher education located in another State that chooses to participate; and (III) if a student earns an associate’s degree as part of an early college fast track pathway, such associate’s degree, awarded by the participating institution of higher education in the State, shall be fully acceptable in transfer and credited as the first 2 years of a related baccalaureate program at a public institution of higher education in such State