This research aims to determine whether the levels of paranormal beliefs of undergraduate students on life satisfaction and examine this in terms of certain variables. In this research which is of general survey model, data was obtained through "Satisfaction With Life Scale", "Paranormal Beliefs Scale" and the "Personal Information Form" developed. In order to analyse data, independent t-test, correlation and multiple regression were applied. Research population is composed of students studying in Social Studies, Primary School, Turkish Language, and Primary School Mathematics Teaching Departments of the Nizip Education Faculty while research sample comprises 186 students selected through simple random sampling method. 65% (121) of these students are female while 34.9% (65) are male. Mean age is 22.34. Results of the research revealed that scores of male and female students in terms of traditional religious paranormal beliefs, sorcery and life satisfaction differ in favour of the female students while mean scores do not differ according to the gender variable, in terms of classical (non-religious) paranormal beliefs, future telling, belief in psychic powers, spiritualism, extraordinary forms of life, superstition and paranormal belief. A positive significant relation was determined between the life satisfaction and paranormal beliefs, traditional religious paranormal beliefs, classical paranormal beliefs, sorcery as well as belief in psychic powers, while no relation was identified between the life satisfaction and future telling, spiritualism, extraordinary forms of life and superstitions. Moreover, as a result of the multiple regression analysis carried out to determine how much the variables such as traditional religious paranormal belief, sorcery, future telling, belief in psychic powers, spiritualism, extraordinary forms of life and superstitions predict life satisfaction, it was observed that these seven variables explain 14% of the variance in life satisfaction scores.