The study presents the content-analysis (n=135) and factor analysis of students' mental states of expectations (n=123). The understanding of mental states of expectations by education workers allows for the operationalization of the process of solving tasks of students' academic and professional training. The purpose is to examine the structure, variables and interdependence of the factors of students' mental states of expectations. The research methods are content-analysis, tests with standardized questionnaires, factor analysis. Factor analysis was used to determine the structure of mental states of expectations. The principal factor in this structure is F1"meaning-of-life moderation" (20.70%), which is interrelated with F2 "pragmatic regulation" (=.404; p≤.01) and F3 "subjective regulation" (=.357; p≤.01). The obtained results could be useful for education directors organizing the academic process of students, and also for scientists in the field of psychology of expectations, psychology of constructing the future.