A soft x-ray absorption and x-ray magnetic circular dichroism ͑XMCD͒ study of the ferromagnetism in solution-grown EuS nanocrystals ͑NCs͒ is reported. The absorption edges of Eu M 5 and M 4 , S K, O K, and P K were probed to determine elementally specific contributions to the magnetism of EuS NCs. Differential spin absorption was observed by XMCD at the Eu M 5,4 edges confirming the presence of a magnetic moment on the Eu 2+ 4f shell. No dichroic signal was observed for S, O, or P. Vibrating sample magnetometry of ensembles of NCs shows ferromagnetic properties consistent with the XMCD studies.