When disasters occur, they affect a community's educational institutions, yet students are still one of the most ignored groups of people when it comes to disaster preparedness. Demographic characteristics highly determine and influence the effects of a disaster; hence, when preparing for it, the students' demographic information should be considered. Little research exists in the literature that addresses the impacts of such characteristics on students' preparedness. Therefore, this study aims to identify the impacts of demographic information related to family income on students' perceptions of disaster preparedness and disaster risk reduction (DRR) education. To fulfill this goal, a survey was conducted, and 111 responses were collected. Statistical analysis revealed a several intriguing conclusions. It was found that all of the students, irrespective of their family income, realize the necessity of DRR education and are willing to take the course if it is offered. Family income comes into play, however, when the resources of the DRR courses are discussed. Students with different family incomes have different perceptions regarding phycological first aid training and knowledge of disaster medicine included in DRR courses. It was found that family income has a significant impact on students' awareness regarding emergency procedures and communication systems offered by the university, as well as on students' confidence in assisting the university with disaster management during a disaster. This study will help educational institutions and practitioners develop DRR resources that will be best suited for the students with certain demographic characteristics.