Kamlet−Abboud−Taft (KAT) solvatochromic parameters (α, β, and π*), as well as the Reichardt's polarity scale (E T (30)), were measured from ultraviolet−visible (UV−vis) absorption spectral shift of three indicator solutes namely 4nitroaniline, N,N-dimethyl-p-nitroaniline, and the betaine dye 4-(2,4,6-triphenylpyridinium-1-yl)-2,6-diphenylphenolate. These measurements were done within the whole mole fraction range of the binary mixture of green solvents N-formylmorpholine with water, ethanol, 1-propanol, 2-propanol, 1-butanol, and ethyl acetate at room temperature (298.15 ± 0.1 K). The Redlich−Kister model was employed to demonstrate the effect of solvent composition on the solvatochromic parameters obtained in the mixtures understudy. The data of E T obtained for the indicator dyes in different mole fractions (0.0−1.0) of the binary mixtures were analyzed to investigate their preferential solvation in terms of both the solute−solvent and the solvent−solvent interactions. The solvent exchange model was successfully utilized to calculate preferential solvation parameters. It was found that the solvation shell of the dyes is mainly affected by the solvent−solvent interactions, and all studied systems showed the nonideal behavior.