In four studies, the authors investigated the proposal that in the context of an elite university, individuals from relatively lower socioeconomic status (SES) backgrounds possess a stigmatized identity and, as such, experience (a) concerns regarding their academic fit and (b) self-regulatory depletion as a result of managing these concerns. Study 1, a correlational study, revealed the predicted associations between SES, concerns about academic fit, and self-regulatory strength. Results from Studies 2 and 3 suggested that self-presentation involving the academic domain is depleting for lower (but not higher) SES students: After a self-presentation task about academic achievement, lower SES students consumed more candy (Study 2) and exhibited poorer Stroop performance (Study 3) relative to their higher SES peers; in contrast, the groups did not differ after discussing a nonacademic topic (Study 3). Study 4 revealed the potential for eliminating the SES group difference in depletion via a social comparison manipulation. Taken together, these studies support the hypothesis that managing concerns about marginality can have deleterious consequences for self-regulatory resources.Keywords: stigma, socioeconomic status, self-regulation, social identity threat It's hard to be the only black dancer. You feel separate, and you feel negated in a certain sense, and it's not that people are trying to make you feel bad, but it's just obviously around you. . . . It's hard to be strong enough to be in that environment and to not feel wrong.-Virginia Johnson, 2007 In the New York Times article, "Where Are All the Black Swans?" (Kourlas, 2007), Virginia Johnson, a retired ballet dancer, recalls the experience of being Black in the overwhelmingly White world of ballet. In the epigraph above, she articulates the subjective experience that can arise from the awareness of being different-feeling "separate" and "negated." In effect, she is describing the psychological experience at the intersection of underrepresentation and social stigma: Being different, with the implicit understanding that this difference renders one devalued, or "wrong" (Crocker, Major, & Steele, 1998). Now imagine another identity in a different context: A young woman from a relatively modest or even middle-class background, starting her first year of college at a prestigious (and expensive) private university. How will this student's socioeconomic background influence her experiences in this elite context? The acute awareness that her background is discrepant from her peers'-and, in turn, from the context at large-may lead her to wonder if she will measure up in other ways. For instance, given that academic achievement is central to the identity of the university, her marginalized status in this context may lead her to question her ability to meet its academic standards. In turn, managing these concerns may pose a psychological burden. The purpose of the current work is to examine this possibility. Specifically, the present research explores the psychological ...