Psychological capital (PsyCap) consisting of the psychological resources of hope, efficacy, resiliency, and optimism has been empirically demonstrated in the published literature to be related to manager and employee positive organizational outcomes and to be open to development. However, to date, little attention has been devoted to the impact of this positive core construct on important student-related outcomes. This study tests the relationship between business students' PsyCap and their academic performance (grade point average [GPA]). The results indicate not only the predictive relationship between PsyCap and GPA, but also have important implications for training of PsyCap for business student development, retention, and success. (Contains 3 tables.)