Opportunities for Success Act of 2024

The Opportunities for Success Act of 2024 increases annual federal funding for work-based learning programs at colleges and universities, with appropriations rising from $1.5 billion in 2025 to $2.5 billion by 2029. The bill defines work-based learning to include internships, apprenticeships, cooperative education, and research positions, and establishes a funding formula that prioritizes institutions with high completion rates for Pell Grant recipients. It requires institutions to use specific portions of funds to support students with exceptional need and to ensure work-based learning positions align with students' career goals. The legislation also creates a pilot grant program for developing new work-based learning opportunities and mandates regular reporting on program effectiveness to track outcomes for participating students.