The magnetic behaviors and magnetocaloric effect (MCE) of Pr0.7Sr0.3MnO3 (PSMO-7) film grown on a (001) SrTiO3 single-crystal substrate by a pulsed laser deposition (PLD) were studied in this paper. X-ray diffraction with a high resolution (HRXRD) measurement shows that PSMO-7 film is grown with a (001) single orientation. The magnetic properties and the MCE related to the ferromagnetic (FM) phase transition of the PSMO-7 film are investigated using the temperature dependence of magnetization M(T) and the magnetic field dependence of magnetization M(H). The M(T) data suggest that with decreasing temperatures, the PSMO-7 film goes through the transition from the paramagnetic (PM) state to the FM state at around the Curie temperature (TC). The TC (about 193 K) can be obtained by the linear fit of the Curie law. Magnetic hysteresis loop measurements show that the PSMO-7 film exhibits the FM feature at temperatures of 10, 100, and 150 K (low magnetic hysteresis can be found), while the film reveals the PM feature with the temperature increased up to 200 and/or 300 K. The research results of M(H) data are consistent with the M(T) data. Furthermore, the magnetic entropy change () of the PSMO-7 film was studied. It was found that the maximum value of () near TC reaches about 4.7 J/kg·K under the applied field change of 20 kOe, which is comparable to that of metal Gd ( of 2.8 J/kg K under 10 kOe), indicating the potential applications of PSMO-7 film in the field of magnetic refrigeration.