This report shows college enrollment and graduation trends among Asian American SAT® takers who finished high school in 2004 and 2010 by student characteristics, including aspirations, self-perceived ability, and academic achievements. In every case, students in the top categories (high aspirations, high-perceived ability, high-assessed ability) were the most likely to enroll in four-year colleges within one year after graduating high school in 2004 and in 2010. Students in these top categories among the 2004 cohort were also more likely to graduate from a four-year college six years later. We find positive trends among Asian American SAT takers when comparing 2004 to 2010. Asian American students participated at a high rate on the SAT and AP® in both years, with increases from 2004 to 2010 in these participation rates as well as in the proportion of students scoring a 3 or higher on an AP Exam. Asian American SAT takers have high and stable college enrollment rates, and we found an increase among SAT takers in students with high aspirations and self-perceived ability. These positive trends, combined with the finding that relationships between student characteristics and college enrollment in 2010 were often quite similar to the relationships seen in 2004, suggest that an increased number of Asian American students may be graduating with college degrees in the coming years. We also find an increased proportion of Asian American SAT takers who report bilingualism, suggesting that we may see an increased number of college graduates who are bilingual in the coming years as well.